Economy, asked by priyanshiagr50, 8 months ago

Explain Consumers Equilibrium in ?
commodities { several commodities I case
with tabular & diagrammatic Illustration.​

Answers

Answered by 2001roars
2
Consumer Equilibrium in Case of a Two Commodity, With the Help of Utility Analysis. Suppose, a consumer consumes only two goods X and Y. He will attain equilibrium only if he allocates his given income on the purchase of good X and Y in such a way that per rupee MU of both the products is equal and he gets maximum TU.
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