Economy, asked by Fasi5711, 1 year ago

A consumer consumes only 2 goods X and Y whose prices are ₹5and ₹4 . If the consumer choose a combination of two goods with marginal utility of X=4 and Y=5 is the consumer in equilibrium? Why or why not ? What will a rational consumer do in this situation? Use utility analysis

Answers

Answered by krishna125
2
no consumer is not in equilibrium and he will consume more of good y
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