Question

Sumit has 90 with him. He intends to
purchase goods X and Y with his money. the market price of X & Y per unit is ₹10. the marginal utility schedule of goods x & y us given below. Find out how many units
of x and y should Summit purchase so that he get maximum satisfaction.
Units Consumed 1 2 3 4 5 6
Marginal utility 170 130 110 80 30 0

Answer 1

Explanation:

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