Given that a consumer's income is Rs.40 and the two goods are equally priced at Rs.10 , identify those bundles which cost him exactly Rs.40.

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.

A consumer has total money income of Rs.250 to be spent on two goods X and Y with prices of Rs.25 and Rs.10 per unit respectively.On the basis of the given information , answer the following questions : (a) Given the equation of the budget line for the consumer. (b)What is the value of slope of the budget line ? (c )How many units can the consumer buy if he is to spend all his money income on good X ? (d)How does the budget line change if there is a fall in price of good Y ?

A consumer has total money income of Rs.500 to be spent on two goods x and y with prices of Rs.50 and Rs.10 per unit respectively. On the basis of the given information, answer the following question : (a)Give the equation of the budget line for consumer. (b)What is the value of slope of the budget line ? (c )How many units can the consumer buy if he is to spend all his money income on good x ? (d) How does the budget line change if there is a 50% falls in price of good y ?