Question

A consumer consumes only two goods X and Y whose prices are Rs 3 and Rs 4 per unit respectively.If the consumer chooses a combination of the two goods with marginal utility of X to 4 and that of Y equal to 3 ,is the consumer in equilibrium ,The consumer will :

Buy more units of both X and Y
Buy more units of Y and less of X
Buy more units of X and less of Y
Buy less units of both X and Y
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Answer 1

Answer:

Explanation:

buy more units of both X and Y