Consumer Equilibrium Class 11 Notes |work| Free Direct

Try 2 units of Y: MU(_y)/P(_y) = 5.5. Not equal. ❌

We want MU(_x)/P(_x) = MU(_y)/P(_y) with total spending ≤ ₹22. consumer equilibrium class 11 notes free

A consumer buys a good until Marginal Utility (MU) = Price (P) . Try 2 units of Y: MU(_y)/P(_y) = 5