No products in the cart.

A consumer consume only two good …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

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

Lakshita Sharma 5 years, 10 months ago

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

Lakshita Sharma 5 years, 10 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
http://mycbseguide.com/examin8/

Related Questions

Why does circular flow of money never stop?
  • 1 answers
Components of domestic territory
  • 1 answers
Economics sample paper answer
  • 0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App