1.

A consumer consumes only two goods X and Y . On planning to spend the whole of income on these two goods he finds MU_(x)=6 utils and MU_(y)=4 utils, P_(x) and P_(y)are rupees 4 and 6 per unit respectively. In this situation the consumer will :

Answer»

Stick to his plan
BUY LESS of X
Buy more of Y
Buy more of X and less of Y

ANSWER :D


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