how will consumer move along his IC in a situation when MRSXY > PX  by PY .

Dear Student,

In a situation when MRSxy > PxPy, a consumer would give up some units of good Y to increase consumption of good X to reattain equlibrium on the indifference curve. That is, a consumer attains equilibrium on an indifference curve only when MRSxy = PxPy.

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