Answer to Question #312275 in Microeconomics for Guddi

Question

Assume that a consumer consumes two commodities x and y and makes give combination for the two commodities? Explain its In your own words

Answer 1

If the consumer is willing to spent amount w for commodity x and willing to spend amount z for commodity y, the the combination of the two commodities should be with the consumption spend of the customer inorder for the customer to but this combination.