Explain the consumer's equilibrium in cardinal approach. Price apple is Rs.20, price of banana is Rs. 10 and the consumer spends whole income Rs.110…
BBS Microeconomics for Business · 2082 · Solved Question with Answer
Explain the consumer's equilibrium in cardinal approach. Price apple is Rs.20, price of banana is Rs. 10 and the consumer spends whole income Rs.110 on apple and banana. Find the consumer's equilibrium when the marginal utilities (MU) of apple and banana are as follows:
(संख्यात्मक उपयोगिता विश्लेषण विधिमा उपभोक्ता सन्तुलनको व्याख्या गर्नुहोस् । स्याउको मूल्य रु.२० छ, केराको मूल्य रु. १० छ र उपभोक्ताले आफ्नो सबै आम्दानी रु.११० स्याउ र केरामा खर्च गर्दछ । स्याउ र केराको सिमान्त उपयोगिताहरु निम्नानुसार भएको अवस्थामा उपभोक्ताको सन्तुलन पत्ता लगाउनुहोस् ।)
| Units of consumption | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| MU of apple | 800 | 700 | 600 | 500 | 400 | 300 | 200 |
| MU of banana | 500 | 450 | 400 | 350 | 300 | 250 | 200 |