1.

A consumer, Mr. Aman is in state of equilibrium consuming two goods X and Y. with given prices Px and Py. Explain what will happen if : a. MUx / Px is greater than MUy / Py. b. Py falls

Answer»

A consumer, Mr. Aman is in state of equilibrium consuming two goods X and Y. with given prices Px and Py. Explain what will happen if :

a. MUx / Px is greater than MUy / Py.

b. Py falls



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