# Solution - Consumer'S Equilibrium

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#### Question

A consumer consumes only two goods A and B and is in equilibrium. Show that when price of good B falls, demand for B rises. Answer this question with the help of utility analysis

#### Solution

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A Consumer consumes only two goods X and Y. Marginal utilities of X and Y is 4 and 5 respectively. The prices of X and Y are Rs 4 per unit and Rs 5 per unit respectively. Is the consumer in equilibrium? What will be the further reaction of the consumer? Explain.

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#### Question PapersVIEW ALL [2]

Solution for concept: Consumer'S Equilibrium. For the courses 12th CBSE (Arts), 12th CBSE (Commerce), 12th CBSE (Science)
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