Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) General Knowledge Economy Microeconomics

At the point of consumer equilibrium which of the following condition is satisfied?

1
MRSXY = \(\frac{P_X}{P_Y}\)
2
MRSXY = MRTSLK
3
MRTSLK = \(\frac{P_L}{P_K}\)
4
MRSXY = PX
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