Economy, asked by ridiprahang, 3 months ago

SupposE CONSUMERS OF TYPE A ARE ENDOWED WITH THE TOTAL SUPPLY OF Y AND CONSUMERS OF TYPE 13 WITH THE TOTAL SUPPLY OF X. UA = X" + YA, U XB + B. IN COMPETE TIVE MARKET WHAT IS AN EQUILIBRIUM RELATIVE PRICE OF Y?

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Answered by rishikasrivastav88

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SupposE CONSUMERS OF TYPE A ARE ENDOWED WITH THE TOTAL SUPPLY OF Y AND CONSUMERS OF TYPE 13 WITH THE TOTAL SUPPLY OF X. UA = X" + YA, U XB + B. IN COMPETE TIVE MARKET WHAT IS AN EQUILIBRIUM RELATIVE PRICE OF Y?​

Answers

SupposE CONSUMERS OF TYPE A ARE ENDOWED WITH THE TOTAL SUPPLY OF Y AND CONSUMERS OF TYPE 13 WITH THE TOTAL SUPPLY OF X. UA = X" + YA, U XB + B. IN COMPETE TIVE MARKET WHAT IS AN EQUILIBRIUM RELATIVE PRICE OF Y?