Question

Hello answer the question attached in attachment.

50p plss

Answer 1

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$\textsf{\pink{Q.}}$ Answer the question attached in attachment.

$\textsf{\pink{Ans.}}$ Given Px = 3, Py = 3 and MRS = 3. A consumer is said to be in equilibrium when MRS = Px/Py substituting values we find that :

3 > 3/3

i.e. MRS > Px/Py

Therefore, consumer is not in equilibrium.


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Answer 2

Hey dude !!!!

Given Px = 3

Py = 3

MRS = 3

A consumer is said to be in equilibrium when MRS = Px/Py

substituting values we find that :

3 > 3/3

That is .. MRS > Px/Py

Therefore, consumer is not in equilibrium....