Economy, asked by aadityaraj2219, 6 months ago

explain how a consumer attains equilibrium, using the marginal utility analysis, In case of two commodities (6 marks)

Answers

Answered by yashraj200821

Answer:

Consumer Equilibrium in Case of a Two Commodity, With the Help of Utility Analysis. ... 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.

Explanation:

please follow me fast

Previous Question

Next Question

Similar questions

Math, 3 months ago

If we multiply 5x and (-4xyz) then we get...

English, 3 months ago

Question 9 :(Marks : 1) The invitees were received at the gate by the host. (Choose the correct option which changes the sentence from simple to complex.)...

Biology, 3 months ago

What do you mean by window period of HIV?

Environmental Sciences, 6 months ago