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# Solution - A Consumer Consumes Only Two Goods X and Y. Marginal Utility of Each is 2. the Price per Unit of X and Y is Re 1 and Rs 2 Respectively. is the Consumer in Equilibrium? What Will Be the Further Reaction of the Consumer? Explain. - Conditions of Consumer's Equilibrium Using Marginal Utility Analysis

ConceptConditions of Consumer's Equilibrium Using Marginal Utility Analysis

#### Question

A consumer consumes only two goods X and Y. Marginal utility of each is 2. The price per unit of X and Y is Re 1 and Rs 2 respectively. Is the consumer in equilibrium? What will be the further reaction of the consumer? Explain.

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Solution for question: A Consumer Consumes Only Two Goods X and Y. Marginal Utility of Each is 2. the Price per Unit of X and Y is Re 1 and Rs 2 Respectively. is the Consumer in Equilibrium? What Will Be the Further Reaction of the Consumer? Explain. concept: Conditions of Consumer's Equilibrium Using Marginal Utility Analysis. For the courses CBSE (Arts), CBSE (Commerce), CBSE (Science)
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