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Solution - A Consumer Consumes Only Two Goods X and Y. If Marginal Utilities of X and Y Are 4 and 5 Respectively, and If Price of X is Rs 5 per Unit and that of Y is Rs 4 per Unit is the Consumer in Equilibrium? What Will Be Further Reaction of the Consumer? Explain - Consumer'S Equilibrium

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A consumer consumes only two goods X and Y. If marginal utilities of X and Y are 4 and 5 respectively, and if price of X is Rs 5 per unit and that of Y is Rs 4 per unit is the consumer in equilibrium? What will be further reaction of the consumer? Explain.

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Solution for question: A Consumer Consumes Only Two Goods X and Y. If Marginal Utilities of X and Y Are 4 and 5 Respectively, and If Price of X is Rs 5 per Unit and that of Y is Rs 4 per Unit is the Consumer in Equilibrium? What Will Be Further Reaction of the Consumer? Explain concept: Consumer'S Equilibrium. For the courses CBSE (Arts), CBSE (Commerce), CBSE (Science)
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