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If the marginal utility of the last unit of X consumed, MUx is twice MUy the marginal utility of the last unit of Y consumed and Px and Py indicate the prices of X and Y respectively, the consumer is in equilibrium only if

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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.


If the marginal utility of the last unit of X consumed, MUx is twice MUy the marginal utility of the last unit of Y consumed and Px and Py indicate the prices of X and Y respectively, the consumer is in equilibrium only if






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