Explain two necessary conditions to attain consumers equilibrium in ca

1.	Explain two necessary conditions to attain consumers equilibrium in case of two commodities
Answer» A consumer is in equilibrium when given his tastes, and price of the two goods, he spends a given money\xa0income\xa0on the purchase of two goods in such a way as to get the maximum satisfaction, According to Koulsayiannis, “The consumer is in equilibrium when he maximises his utility, given his\xa0income\xa0and the market prices. Consumer Equilibrium in Case\xa0of a\xa0Two Commodity, With\xa0the\xa0Help of Utility Analysis. Suppose, a\xa0consumer\xa0consumes only\xa0two\xa0goods X and Y. He will\xa0attain equilibrium\xa0only if he allocates his given income on\xa0the\xa0purchase of good X and Y in such a way that per rupee MU of\xa0both the\xa0products is equal and he gets maximum TU.

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