1.

A consumer consumes only two goods X and Y whose prices are Rs 3 and Rs 4 per unit respectively. If the consumer chooses a combination of the two goods with marginal utility of X equal to 4 and that of Y equal to 3, is the consumer in equilibrium, then the consumer will :

Answer»

BUY more units of both, X and Y
Buy more units of Y and LESS of X
Buy more units of X and less of Y
Buy less units of both, X and y

Answer :C


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