MCQ
In case of single commodity, the consumer will be in equilibrium when $......$
- A$\frac{\text{MU}_\text{X}}{\text{P}_\text{X}}=\frac{\text{MU}_\text{Y}}{\text{P}_\text{Y}}$
- ✓$\frac{\text{MU}_\text{X}}{\text{MU}_\text{Y}}=\text{MU}_\text{M}$
- C$\frac{\text{MU}_\text{X}}{\text{P}_\text{X}}=\frac{\text{MU}_\text{Y}}{\text{P}_\text{X}}$
- D$\frac{\text{P}_\text{X}}{\text{P}_\text{Y}}=\text{MU}_\text{M}$
