Question: First, set up the information you are given using consumer equilibrium Mux/Px = MUY/Py. Show if and how the consumer should change their consumption

First, set up the information you are given using consumer equilibrium Mux/Px

 

First, set up the information you are given using consumer equilibrium Mux/Px = MUY/Py. Show if and how the consumer should change their consumption in each circumstance. You have to include what the relationship between the two ratios is or how it changes (> or

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