A consumer will be in equilibrium, when

1
\(\frac{MU_{x}}{P_{x}}>\frac{MU_{y}}{P_{y}}\)
2
\(\frac{MU_{x}}{P_{x}}<\frac{MU_{y}}{P_{y}}\)
3
\(\frac{MU_{x}}{P_{x}}=\frac{MU_{y}}{P_{y}}\)
4
None of these

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