Question

how long will a consumer continue to consume two goods given that he's being able to quantify his level of satisfaction.
class 11 economics
please answer ASAP!​

Answer 1

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