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A consumer consume only two good …

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A consumer consume only two good X and Y. explain the condition of consumer equilibrium using utility analysis.
  • 2 answers

Lakshita Sharma 7 years, 8 months ago

And the consumer will continue this till he reaches to the equilibirium

Lakshita Sharma 7 years, 8 months ago

In the case of two commodity case, the consumer will sacrifice the consumption of good y in order to increase the consumption of good x (in condition of good x is less then good y) and vice-versa
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