Explain the conditions of consumer's equilibrium with the of marginal ...

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For two-commodity case: Rupee worth of marginal utility of money should be same across good X and good Y, and equal to marginal utility of money. Reason: In case rupee worth of satisfaction (MU of good X/ price of good X) is greater for good X than good Y, the consumer will be prompted to buy more of good X and less of good Y.


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