Economy, asked by Dishakhan1234, 3 months ago

consuming two goods ,a consumer alltains equilibrium when

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Answered by judahemmanuel066
0

Explanation:

When consumer consumes two commodities, then equilibrium is achieved when consumer equates the ratio of marginal utility derived from one commodity in comparison to it's price with the ratio of the marginal utility of another commodity in comparison to it's price which states that consumer is rational in consumption of both the commodities.

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