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Explain the conditions of consumer’s equilibrium in case of two commodities. Use table.

Answer» I donot know this chapter at all ..it is very and very much difficult<br>There are two necessary condition to attain consumer\'s equilibrium in case of two commodities 1)The ratio of marginal utility to price is same in the case of both goods. 2)MU falls as consumption increasesUnits MU of. MU od Commodity x. Commodity y1 20 162 14 123 12 84 7 55 5 3


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