Consumer Equilibrium Class 11 Notes !link! Free [ BEST ✭ ]

We must adjust MU for money. Utility from the good (MU of apple) must equal Utility lost by spending money (MU of money = Price).

Calculate ( \fracMU_xP_x ) (Divide MU by 2) and ( \fracMU_yP_y ) (Divide MU by 1). consumer equilibrium class 11 notes free

(3 units of X × ₹2) + (4 units of Y × ₹1) = ₹6 + ₹4 = ₹10 (Matches income). We must adjust MU for money