Question

A consumer is consuming two goods X & Y and is in equilibrium. The prices of X & Y are Rs10 and Rs20 respectively and the marginal utility of good Y is 50 utils. What will be the marginal utility of good X?​

Answer 1

Answer:

25

Explanation:

since the consumer is in equlibrium. hence,

MUx/Px=MUy/Py

i.e MUx/10=50/20

MUx=25