Question

if the rate of marginal utility of good x and its price is more than the ratio of marginal utility of good y and it's price respectively . how will the consumption patterns of a consumer be in such a case . use diagram to explain it

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Answer 1

Answer:

As long as marginal utility of a commodity is positive, an individual will always

prefer more of that commodity, as more of the commodity will increase the level

of satisfaction.

Explanation:

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