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Consumer consume two goods X and …

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Consumer consume two goods X and Y he is equilibrium so that when price of X would decrease a consumer more of X good

    • Posted by Riya Rawat 6 years, 6 months ago

    CBSE > Class 12 > अर्थशास्त्र
    • 1 answers

    Syed Khabib 6 years, 6 months ago

    When price of good x decrease consumer consume more units of x than y .He continuously consume more unit of x then the satisfaction derived from the consumption of good x will decrease. This process will continue till MRS=px/py.Where equilibrium restored.

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