Question

Practicals on Consumer's Equilibrium (Single Commodity)
Example 4. Suppose the price of a commodity's' is given as 8 and the MU (in terms of money)
for 4 units is given as:
Units
2
12
10
8
6
MUX (3)
How many units should a consumer purchase so that his satisfaction is maximum?
1
3
4​

Answer 1

Explanation:

Suppose the price of a commodity's' is given as 8 and the MU (in terms of money)

for 4 units is given as:

Units

2

12

10

8

6

MUX (3)

How many units should a consumer purchase so that his satisfaction