No products in the cart.

Consumer equilibrium in case of two …

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Install Now

Consumer equilibrium in case of two good

Posted by Twinkle Sirmour 5 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Syed Khabib 5 years, 11 months ago

1.Mux/px =Muy/py =Mum- *The above condition implies in state of equilibrium utility per rupee obtained by the consumer from good x and good y is equal to marginal utility of money. 2.Mux/Muy =px/py- *theabove condition implies in state of eq. Ratio of marginal utilities of two commodities should be equal to the ratio of their prices. 3.mux/px =muy/py- *in state of eq utility per rupee from good x must be equal to the utility per rupee from Good y .☺☺

6Thank You

ANSWER

Related Questions

Discuss the land settlement system introduced under British rule

Posted by Anmol Singh 1 week, 2 days ago

CBSE > Class 12 > Economics

1 answers

Calculate net national product at factor cost

Posted by Rajesh Mahor 3 weeks, 5 days ago

CBSE > Class 12 > Economics

1 answers

What is negative externalities

Posted by Saurabh Prakash 2 weeks, 1 day ago

CBSE > Class 12 > Economics

1 answers

Components of domestic territory

Posted by Sneha Jaiswal 1 month, 1 week ago

CBSE > Class 12 > Economics

1 answers

This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Posted by Anupama Debnath 4 hours ago

CBSE > Class 12 > Economics

0 answers

How is the RBI controlling the commercial banks?

Posted by Alisha Rai 1 week, 5 days ago

CBSE > Class 12 > Economics

1 answers

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Posted by Mohini Singh 2 weeks, 3 days ago

CBSE > Class 12 > Economics