A consumer consumes only two goods with his income of Rs.50. price of good X is Rs.8 each and good Y is Rs.5 each. Can he buy 4 units of X and 3 units of Y good?
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Answer:
Yes
Explanation:
8×4=32 (For good X)
5×3=15 (For goods Y)
Total amount =47
and his income Rs.50 , so he can buy 4 units of X and 3 units of Y
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