A consumer strike equilibrium when Mux = Muy = Mum , in case of two commodity a d when Px ≠Py ,
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Answered by
5
False
Reason
In case of two commodities when Px ≠Py consumer strike equilibrium when
MUx/Px = MUy/Py = MUm
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2
hey mate...
here is your answer...
False
MUx/Px = MUy/Py = MUm .
hope it helps...
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