Consumer Equilibrium Class 11 Notes Free Exclusive Jun 2026

MRSXY=PXPYMRS sub cap X cap Y end-sub equals the fraction with numerator cap P sub cap X and denominator cap P sub cap Y end-fraction

Two indifference curves cannot cross each other, as that would violate the assumption of transitivity and consistency. Marginal Rate of Substitution (MRS) consumer equilibrium class 11 notes free

And yes, he shared the notes with the whole class. For free. MRSXY=PXPYMRS sub cap X cap Y end-sub equals