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How will a consumer reach his equilibrium if (1) price ratio is greater than MRS and (2) price ratio is less than MRS , Explain it ? |
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Answer» A= if price is more...and MU is LESS..then RXN is negative towards commodity...n comsumer consume less commodityb=if price is less..and MU is more ...then rxn is always positive towards commodity...n consumer CONSUMES more and more units of commodityExplanation:Please MARK as an brainliest answer |
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