Q. 75.0( 1 Vote )

A consumer consum

Answer :

● No. the consumer is not in equilibrium.

● MUx/Px >MUy/Py

● 4/3 >3/3

● The per rupee MUx is greater than the per rupee MUy.

● He will buy more of good X and less of good Y, till MUx falls and MUy rises enough to make MUx/Px = MUy/ Py.

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