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Commerce · Q1146

Economics

Graduate and Post Graduate · Commerce · question 1146

Q1146

The consumer is 10 equilibrium when he plans his expenditure on x, y, and z commodities in such a way that he ultimately attains

A.
MUX = MUY = M2
B.
MD1/P1 = MU2/P2 = MU3/P3
C.
MUX/PX = MUY/PY = MUZ/PZ = MUM
Answer
D.
None of the above

Answer: Option C

Solution

Answer: Option C
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