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A consumer consumes two goods. explain the conditions of consumer's equilibrium with the help of the Utility Analysis?
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A consumer consumes two goods. explain the conditions of consumer's eq...
1(a) MUx/Px=MUy/Py= MUm (b)MU of a good falls as more it is consumed because of law of dimnishing marginal utility2 expenditure on X + expenditure on Y =consumer's income
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A consumer consumes two goods. explain the conditions of consumer's equilibrium with the help of the Utility Analysis?
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