Practicing Success
In case of equilibrium, MUx = 50 and MUY = 100 Px = 25 then what will be the value of PY? |
12.5 50 100 25 |
50 |
The equilibrium condition is as follows: \(\frac{MU_x}{ P_x}\) = \(\frac{MU_y}{ P_y}\) \(\frac{ 50}{ 25}\) = \(\frac{100 }{P_y }\) 2 = \(\frac{100 }{P_y }\) Py = \(\frac{ 100}{ 2}\) Py = 50
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