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How will consumer move along IC …

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How will consumer move along IC curve,in situation when MRDxy > Px/Py

    • Posted by Gaurav Mukesh 6 years, 11 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Mr. Nd Stranger 6 years, 11 months ago

    I think this is very question this is very easy question as we know in the question m r s is greater than Px/Py it means that MRS is greater than MRE. So to reach at the equilibrium the consumer will consume more of good x and less of good y....

    0Thank You

    Gaurav Mukesh 6 years, 11 months ago

    in question it is not mrd but it is mrs D is wrongally written

    0Thank You

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