Answer:
Marginal utility of X = 4 Price of X = Rs. 3 Marginal Utility of Y = 3 Price of Y=Rs. 3 \[Mux\div Px=4\div 3=1.33\] \[MUy\div Py=3\div 3=1\] No, the consumer is not in equilibrium and to reach the equilibrium level, the consumer should increase the consumption of good X.
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