The condition for consumer equilibrium is given by:

CA Foundation · Business Economics · PYQS · September 2025
The condition for consumer equilibrium is given by:
(A) A. MU x P x = MU Y P Y
(B) B. MU x = MU Y
(C) C. MU x /P x = MU Y /P Y
(D) D. MU X /MU Y = P Y /P x

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. MU x /P x = MU Y /P Y

Topics: Theory of Demand and Supply

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