Numerical Example 1

Px=Rs.2
Py=Rs.3
Income of the Consumer= Rs.24
Assumption :Consumer needs to spend his entire income

Units MUx MUy

1 20 24

2 18 21

3 16 18

4 14 15

5 12 9

6 10 3

1. Indicate how many units of X & Y,the individual should purchase to maximize his utility ?

Solution
Numerical Example 2

Solution