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b) The budget at his disposal is Ksh 10000. Obtain the consumer's demand equations for the two goods and hence determine the equilibrium basket when
b) The budget at his disposal is Ksh 10000. Obtain the consumer's demand equations for the two goods and hence determine the equilibrium basket when the prices of the two goods are Px = 50 and Py = 20 per unit each. b) The budget at his disposal is Ksh 10000. Obtain the consumer's demand equations for the two goods and hence determine the equilibrium basket when the prices of the two goods are Px = 50 and Py = 20 per unit each
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