Suppose a consumer wants to comsume two goods which are abailable only in integer units. The two goods are equally priced at Rs 10 and the consumer's income is Rs 40

Suppose a consumer wants to comsume two goods which are abailable only

1.	Suppose a consumer wants to comsume two goods which are abailable only in integer units. The two goods are equally priced at Rs 10 and the consumer's income is Rs 40
Answer» Solution :(i) Given `P_(1) = P_(2) = Rs 10` and Income (M) = Rs 40. The various bundles that are available to the CONSUMER are: (0,0), (0,1), (0,2), (0,3), (0,4), (1, 0), (1,1), (1,2), (1,3),(2,0), (2,1), (2,2), (3, 0), (3, 1) and (4,0) (ii) Bundles, which cost exactly Rs 40, are: (0,4), (1, 3), (2,2), (3,1) and (4,0)