A consumer consumes only two goods X and Y with preices rupees 4 and rupees 5 per unit respectively. On making a plan of spending his whole of income he finds MU_(x)=12 utils and MU_(y)=15 utils. The consumer:

A consumer consumes only two goods X and Y with preices rupees 4 and r

1.	A consumer consumes only two goods X and Y with preices rupees 4 and rupees 5 per unit respectively. On making a plan of spending his whole of income he finds MU_(x)=12 utils and MU_(y)=15 utils. The consumer:
Answer» Is in equilibrium. Is not in equilibrium nor can REACH equilibrium. Can reach equilibrium by BUYING LESS of X and more of Y. Can reach equilibrium by buying more of X and less of Y. Answer :A