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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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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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