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Question: Ahmed has an income of 37 Rial Omani (R.) and the price of goods X, Y and Z are R.O S.R.O 1 and R.O
Question: Ahmed has an income of 37 Rial Omani (R.) and the price of goods X, Y and Z are R.O S.R.O 1 and R.O 4 respectively, The amount of total utility he would derive from consuming X Y and Z is shown in the Table below Pret PY PZ Tai tity M & A Talai Lay My Vy Tai ility y MP3 (TL) (TL) (T 21 41 59 24 7 13 18 50 55 * 23 Given the above Table, answer the following questions: 1. Fill in the blank (in the above table) 2. Write down the two conditions for consumer's equilibrium in the above case 3. Find the consumer's equilibrium and show how many units of the three products will Ahmed purchase
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