Economy, asked by fgb1, 1 year ago

a consumer consumes two goods x&y the marginal rate of substitution is 1 price of x&y rs. 3&4 is consumer in equilibrium what will further reaction of consumer give reason

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Answered by syedtalha777
2
A Consumer Consumes Only Two Goods X and Y. the Marginal Rate of Substitution is 2. Prices per Unit of X and Y Are Rs 5 and Rs 4 Respectively. is Consumer in Equilibrium? What Will Be the Further Reaction of the Consumer? Give Reasons. - Marginal Rate of Substitution (MRS)
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