Given that income of a consumer is Rs.80, price of x=Rs.10 per unit and price of y=Rs.10 per unit. Find consumer's equilibrium.

Given P_x =Rs.10 and P_y =Rs.40 and money income =Rs.150, find consumer equilibrium from

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 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 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 spends Rs. 80 on a commodity when its price is Rs. 1 per unit and spends Rs. 96 when the price is Rs. 2 per unit . What is the price elasticity of demand for the commodity ? Note : By dividing expenditure with the price we can get the quantity demanded.