MUX = PX ( where X and Y = good X and Good Y; MU = Margin...
MUX = PX ( where X and Y = good X and Good Y; MU = Marginal Utility;P= Price)MUY = PY. The above represents the
Marginal utility equation
Equation for consumer dis-equilibrium
Utility maximization equation
Equation for total utility
Equation for price elasticity
Correct answer is C
No explanation has been provided for this answer.
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