If TU for consuming 5units and
7 units for a consumer are 24 utils and 34
utils respectively. Calculate MU for
consumption of 6th unit.
Answers
Answer:
Consumer attains equilibrium when:
Consumer attains equilibrium when:P
Consumer attains equilibrium when:P x
Consumer attains equilibrium when:P x
Consumer attains equilibrium when:P x
Consumer attains equilibrium when:P x MU
Consumer attains equilibrium when:P x MU x
Consumer attains equilibrium when:P x MU x
Consumer attains equilibrium when:P x MU x
Consumer attains equilibrium when:P x MU x
Consumer attains equilibrium when:P x MU x =MU of Money
Consumer attains equilibrium when:P x MU x =MU of Moneyor, when MU
Consumer attains equilibrium when:P x MU x =MU of Moneyor, when MU x
Consumer attains equilibrium when:P x MU x =MU of Moneyor, when MU x
Consumer attains equilibrium when:P x MU x =MU of Moneyor, when MU x =P
Consumer attains equilibrium when:P x MU x =MU of Moneyor, when MU x =P x
Consumer attains equilibrium when:P x MU x =MU of Moneyor, when MU x =P x
Consumer attains equilibrium when:P x MU x =MU of Moneyor, when MU x =P x . MU of Money,
Consumer attains equilibrium when:P x MU x =MU of Moneyor, when MU x =P x . MU of Money,Substuting the given values, the consumer attains equlibrium when:
Consumer attains equilibrium when:P x MU x =MU of Moneyor, when MU x =P x . MU of Money,Substuting the given values, the consumer attains equlibrium when:MU
Consumer attains equilibrium when:P x MU x =MU of Moneyor, when MU x =P x . MU of Money,Substuting the given values, the consumer attains equlibrium when:MU x
Consumer attains equilibrium when:P x MU x =MU of Moneyor, when MU x =P x . MU of Money,Substuting the given values, the consumer attains equlibrium when:MU x
Consumer attains equilibrium when:P x MU x =MU of Moneyor, when MU x =P x . MU of Money,Substuting the given values, the consumer attains equlibrium when:MU x =6×1=6.
Consumer attains equilibrium when:P x MU x =MU of Moneyor, when MU x =P x . MU of Money,Substuting the given values, the consumer attains equlibrium when:MU x =6×1=6.Implying that the equilibrium is attained when 4 units of the commodity are purchased. (The table show that when MU
Consumer attains equilibrium when:P x MU x =MU of Moneyor, when MU x =P x . MU of Money,Substuting the given values, the consumer attains equlibrium when:MU x =6×1=6.Implying that the equilibrium is attained when 4 units of the commodity are purchased. (The table show that when MU X
Consumer attains equilibrium when:P x MU x =MU of Moneyor, when MU x =P x . MU of Money,Substuting the given values, the consumer attains equlibrium when:MU x =6×1=6.Implying that the equilibrium is attained when 4 units of the commodity are purchased. (The table show that when MU X
Consumer attains equilibrium when:P x MU x =MU of Moneyor, when MU x =P x . MU of Money,Substuting the given values, the consumer attains equlibrium when:MU x =6×1=6.Implying that the equilibrium is attained when 4 units of the commodity are purchased. (The table show that when MU X =6,4) units are purchased )
Consumer attains equilibrium when:P x MU x =MU of Moneyor, when MU x =P x . MU of Money,Substuting the given values, the consumer attains equlibrium when:MU x =6×1=6.Implying that the equilibrium is attained when 4 units of the commodity are purchased. (The table show that when MU X =6,4) units are purchased )Therefore, the consumer should purchase 4 units in order maximum satisfaction.
Explanation:
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