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A consumer consumes only 2goods..good.x and …

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A consumer consumes only 2goods..good.x and y..at a consumption level of these two goods,he finds that ratio of mu of price in case of X is higher than in case of Y..Explain the reaction of consumer.
  • 1 answers

Sakshi Chahar 7 years, 6 months ago

If he found that the price of gud x is higher than y then he starts consuming gud y rather thengud x cz.of the inc.in price and fixed level of income.
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