Economy, asked by mohdtaquei, 3 months ago

explain the concept of consumer equilibrium is case of only two commodities.

Answers

Answered by Anonymous

2

Answer:

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.

Previous Question

Next Question

Similar questions

English, 1 month ago

write a speech on the importance of newspaper in our life...

Social Sciences, 1 month ago

define vulnerability.

Science, 1 month ago

choose the correct alternatived . question1. the boiling point of ethane is, -88. this temperature is equivalent to. option a.185k b.285k c.361k d.-361k. question 2. the latent heat of vapourisation of water is. option a.2.25×10j/kg b.3.34×10j/kg. c.22.5×10j/kg d.3.38×10j/kg...

English, 3 months ago

How does the ghost undermine the narrator’s faith in his ability to write ghost stories?

Hindi, 3 months ago

कबीर के अनुसार किसी के गाली देने पर क्या करना चाहिए...

Business Studies, 8 months ago

The management committee has requested me (a)/ not to take any action unless and until (b)/ i don't see all the documents. (c)/ no error (d)...

Math, 8 months ago

The length, breadth and height of a cuboid are in the ratio of 6 : 5 : 4. If the total surface area is 5328 cm2, then the length, breadth and height of the cuboid will be...

Physics, 8 months ago

The maximum displacement of the body under simple harmonic motion from its mean position is known as _______ a.Amplitude b.Frequency c.Time period d.Range...