a consemer consumes onlytwo goods X and Y and is in equilibrium explain the reaction of consumer through utility - Economics - Theory of Consumer Behaviour

Question

a consemer consumes onlytwo goods X and Y and is in equilibrium
explain the reaction of consumer through utility analysis if-a)
price of X falls b) price of X rises

Manisha Nayyar · Accepted Answer

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a consemer consumes onlytwo goods X and Y and is in equilibrium. explain the reaction of consumer through utility analysis if-a) price of X falls.b) price of X rises.