A consumer could buy 10 units of good X without any Y, & 4 units of good Y without any X, with his limited income of Rs. 1000. The price of good X is
Answers
Answered by
0
Answer:
Rs 100
Explanation:
It is given that consumer can buy 10 units of X , and it is given that his total income is of Rs. 1000
so,
Price of Good = Total Income/Total Units bought
Price of Good = 1000/10
therefore, Price of Good = Rs 100
Similar questions