A consumer in consumption of two commodities is in equilibrium. The pr – InterviewSolution

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1.

A consumer in consumption of two commodities is in equilibrium. The prices of A and B are Rs. 10 and Rs.20 respectively and marginal utility of product B is 50. What is the marginal utility of product A? *

Answer»

Answer:10

Explanation: MUn=P1 -P2

= 50= 20-10

M= 50- 10

M = 40

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