explain consumer's equilibrium for single commodity case as a six mark question

Hi,

This topic is explained in detail in our study material. You can refer to the same following the below mentioned link and scroll down to the topic 'Consumer Equilibrium in case of Single Commodity '.

https://www.meritnation.com/cbse/class12-commerce/studymaterial/economics/introductory-microeconomics/theory-of-consumer-behaviour/338_1981_5803#slide1_Cardinal Approach and Utility Analysis, Total Utility and Marginal Utility 

All the best for your exams!!

 

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You have to basically explain that MUx = PX.
So explain that condition.
Draw a schedule and graph.
Then explain what if both are not equal.
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