A consumer consumes only two goods X and Y whose prices are Rs 6 and Rs 3 per unit respectively. What will be the MRS_(XY), when the conumer is in equilibrium ?

A consumer consumes only two goods X and Y whose prices are Rs 6 and R

1.	A consumer consumes only two goods X and Y whose prices are Rs 6 and Rs 3 per unit respectively. What will be the MRS_(XY), when the conumer is in equilibrium ?
Answer» <html><body><p></p>Solution :A consumer in consumption of <a href="https://interviewquestions.tuteehub.com/tag/two-714195" style="font-weight:bold;" target="_blank" title="Click to know more about TWO">TWO</a> commodities is at equilibrium when : `MRS_(<a href="https://interviewquestions.tuteehub.com/tag/xy-747762" style="font-weight:bold;" target="_blank" title="Click to know more about XY">XY</a>) = (P_(X))/(P_(Y))` <br/> Putting the given <a href="https://interviewquestions.tuteehub.com/tag/values-25920" style="font-weight:bold;" target="_blank" title="Click to know more about VALUES">VALUES</a> in the equilibrium <a href="https://interviewquestions.tuteehub.com/tag/condition-409743" style="font-weight:bold;" target="_blank" title="Click to know more about CONDITION">CONDITION</a>: <br/> `MRS_(XY) = (6)/(3)` <br/> `MRS_(XY) = 2`.</body></html>