A consumer consumes only two goods x and y, whose prices are 5 and 6 respectively If - Economics - Theory of Consumer Behaviour

Question

A consumer consumes only two goods x and y, whose prices are ?5 and
?6 respectively If the consumer chooses a condition of two goods
with MUx=35 and MUy=30 Calculate the equilibrium

Rachna Puneet Mehta · Accepted Answer

Solution:
Equilibrum is at
MUx/Pâ€‹â€‹x
= MUY/PY
35/5 = 30/6
7 is not equal to 5
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A consumer consumes only two goods x and y, whose prices are ?5 and ?6 respectively. If the consumer chooses a condition of two goods with MUx=35 and MUy=30. Calculate the equilibrium.