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» <html><body><p>Is in equilibrium. <br/>Is not in equilibrium nor can <a href="https://interviewquestions.tuteehub.com/tag/reach-1178062" style="font-weight:bold;" target="_blank" title="Click to know more about REACH">REACH</a> equilibrium. <br/>Can reach equilibrium by <a href="https://interviewquestions.tuteehub.com/tag/buying-906461" style="font-weight:bold;" target="_blank" title="Click to know more about BUYING">BUYING</a> <a href="https://interviewquestions.tuteehub.com/tag/less-1071906" style="font-weight:bold;" target="_blank" title="Click to know more about LESS">LESS</a> of X and more of Y.<br/>Can reach equilibrium by buying more of X and less of Y. </p>Answer :A</body></html>