Economy, asked by negiastha123, 5 months ago

In case of two commodity, following utility approach, a consumer is in equilibrium when

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Answered by ameliaearhart423

Answer:

Consumer Equilibrium in Case of a Two Commodity, With the Help of Utility Analysis. ... 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.

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