CUET and UG exam CUET UG 2025 Mock Test Series General Knowledge Economy

In case of two goods, following utility approach, a consumer is in equilibrium when

1
MUx/Px = MUy/Py
2
MUx/Px < MUy/Py
3
MUx/Mx > MUy/Py
4
Both (2) and (3)
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