a consumer prefer to consume basket where he has exactly 3 times as much Y as...

Question

Question

a consumer prefer to consume basket where he has exactly 3 times as much Y as...

a consumer prefer to consume basket where he has exactly 3 times as much Y as x the cinsumer should buy baskets where
3x=y
3y=x
none of athe vbove
x=y

business economics

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Answer 1

Answer #1

a consumer prefer to consume basket where he has exactly 3 times as much Y as x the consumer should buy baskets where

3y = x

Ans is b)

It is so because the consumer prefer the ratio of X: Y = 1:3 means he wants exactly 3 times of Y equal X.

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Answer 2

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a consumer prefer to consume basket where he has exactly 3 times as much Y as...

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Add Answer to: a consumer prefer to consume basket where he has exactly 3 times as much Y as...

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