Economy, asked by garvitpant79, 6 months ago

When MRS > Price Ratio, the consumer will​

Answers

Answered by wwwuamuam
28

Answer :

The consumer will consume more x & less y

Explanation:

Price ratio=Px/Py

if MRS> Px/Py ; then xs & ys

if MRS <Px/Py ; then xs & ys

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