Economy, asked by Rohit25111, 1 year ago

After reaching the point of equilibrium,consumer would not like to change his allocation of expenditure on good X and Y even if price of good X changes do you agree?Comment

Answers

Answered by sree4sreejith

2

If he gets the maximum utility from that good, then he is not ready to consume that good.

Previous Question

Next Question

Similar questions

Math, 7 months ago

Find the value of y if Ef Eg...

Geography, 7 months ago

Why does the degree of commercialization of agriculture varies from region to region...

English, 7 months ago

8. India is bigger than Bangladesh ...

Economy, 1 year ago

Explain the relationship between total utility and marginal utility with the help of a diagram explain in detail...

Math, 1 year ago

please solve this with solution...

Math, 1 year ago

☺Heya Guys! τry τhis ♎ ⚠ NOTE :- THE QUESTION IS COMPLETE AND THE FIGURE IS REQUIRED TO BE DRAWN BY THE ANSWERER ONLY. ✌ NO SPAMS ALLOWED. ... ♎ SHARP OBSERVATION IS REQUIRED TO SOLVE THIS.

Math, 1 year ago

find the reciprocal of the following rational number: please guies answer fast plz plz plzzzzzzzzzzzzzzzzzz...

English, 1 year ago

Write a formal letter to the Editor of a newspaper about conveying the message for obesity in India. Please guys I need it as it is urgent!