A consumer consumers only two goods X and Y. Marginal utilities of X and Y are 4 and 3 respectively. Price of X and price of Y is Rs.3 per unit. Is consumer in equilibrium ? What will be further reaction of the consumer ? Give reasons.

A consumer consumes only two goods X and Y. MU of X and Y are 3 and 4 respectively. Prices of X and Y are Rs.4 per unit each. Is consumer in equilibrium ? What will be further reaction of the consumer ? Give reasons

A consumer consumers only 2 goods X and Y. The marginal utilities of X and Y is 3. Prices of X and Y are Rs.2 and Rs.1 respectively. Is consumer in equilibrium ? What will be further reaction of the consumer ? Give reasons .

A consumer consumes only two good X and Y. Marginal utilities of X and Y are 5 and 4 respectively. The prices of X and Y are Rs 4 per unit and Rs 5 per unit respctively. Is the consumer in equilibrium ? What will be the further reaction of the consumer ? Explain

A consumer consumes only two goods X and Y. The Marginal Rate of Substitution is 1. Price of X and Y are Rs 3 and Rs 4 per unit respectively. Is the consumer in equilibrium ? What will be further reaction of the consumer ? Give reason

A consumer consumes only two goods X and Y and is in equilibrium. Price of good Y rises. Show that it will lead to fall in demand for good Y.