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A consumer behaving rationally has a choice to buy different combinations of commodities X and Y which have the following marginal utility schedules for him: Number of Marginal utility Yielded by Units Commodity 'X' Commodity 'Y' 1 10 72 9 63 8 54 7 45 6 36 4 2I. the prices of commodities X and Y were ' 2 and ' 1 respectively, then the consumer with ' 15 in his pocket would choose to buy

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Microeconomics is a branch of economics that analyzes market behavior of individuals and firms in order to understand their decision-making processes.


A consumer behaving rationally has a choice to buy different combinations of commodities X and Y which have the following marginal utility schedules for him: Number of Marginal utility Yielded by Units Commodity 'X' Commodity 'Y' <br>1 10 7<br>2 9 6<br>3 8 5<br>4 7 4<br>5 6 3<br>6 4 2<br>I. the prices of commodities X and Y were ' 2 and ' 1 respectively, then the consumer with ' 15 in his pocket would choose to buy






 
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