Answer:
Marginal utility of X = 4 Price of X = Rs. 5 Marginal utility of Y= 5 Price of Y = 4 \[M{{U}_{x}}\div {{P}_{x}}=4\div 5=0.8\] \[M{{U}_{y}}\div {{P}_{y}}=\,5\div \,4=1.25\] The ratio of \[M{{U}_{y}}\] to the price of Y is greater than the ratio of \[M{{U}_{x}}\] to the price of X, so the consumer is not at equilibrium and to reach equilibrium level, consumer should increase the consumption of good Y and decrease the consumption of good X.
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