If (MU_(X))/(P_(X)) gt (MU_(Y))/(P_(Y)), then the consumer should buy more of commodity Y and less of commodity X to reach the equilibrium position

If (MU_(X))/(P_(X)) gt (MU_(Y))/(P_(Y)), then the consumer should buy

1.	If (MU_(X))/(P_(X)) gt (MU_(Y))/(P_(Y)), then the consumer should buy more of commodity Y and less of commodity X to reach the equilibrium position
Answer» <html><body><p></p><a href="https://interviewquestions.tuteehub.com/tag/solution-25781" style="font-weight:bold;" target="_blank" title="Click to know more about SOLUTION">SOLUTION</a> :Consumer should buy more of commodity X as <a href="https://interviewquestions.tuteehub.com/tag/marginal-555038" style="font-weight:bold;" target="_blank" title="Click to know more about MARGINAL">MARGINAL</a> <a href="https://interviewquestions.tuteehub.com/tag/utility-1441817" style="font-weight:bold;" target="_blank" title="Click to know more about UTILITY">UTILITY</a> (<a href="https://interviewquestions.tuteehub.com/tag/mu-566056" style="font-weight:bold;" target="_blank" title="Click to know more about MU">MU</a>) from last rupee spent on commodity X is greater than MU from last rupee spent on commodity Y.</body></html>