Consumer equilibrium condition: MUx/Px = MUy/Py. So 60/Px = 20/4 = 5. Hence Px = 60/5 = Rs 12.
A consumer is consuming two goods X and Y. If Muy=20, Mux=60 price of good Y=Rs 4, then what will be the price of good X if consumer it at…
CUET UG 2022 — Economics Micro
2022mcqmedium
A consumer is consuming two goods X and Y.
If Muy=20, Mux=60 price of good Y=Rs 4, then what will be the price of good X if consumer it at equilibrium.
Official previous-year question
Verified 13 Jul 2026.
Options
- A
Rs 15
- B
Rs 12
- C
Rs 3
- D
Rs 5
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