A consumer consumes two goods .His income is Rs.50.`P_x`=Rs.8 each and `P_y`=Rs.5 each . Can he buy
(i)4 units of x and 3 unit of y ?
(ii)5 units of x and 2 units of y ?
(iii)Find `MRS_(xy)` at the point of equilibrium.

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 busy 50 units of a good at Rs. 10 per unit . At a price of Rs.8 per unit he busy 100 units . Find out E_(P) .

A consumer consumes only two goods X and Y whose prices are Rs.5 and Rs.4 respectively. If the consumer chooses a combination of the two goods with marginal utility of X equal to 4 and that of Y equal to 5, is the consumer in equilibrium ? Why or why not what will a rational consumer do in this situation ? Use utility analysis.