Consumer strikes equilibrium when MUx/Px=MUm or MUx=Px. So the consumer would be ready to pay the amount which is equal to the marginal utility of the product.
why marginal opportunity cost must rise as resources are shifted from use_1 to use_ 2 , even when given resources are fully and efficiently utilized.
-3
Priyangi answered this
In a state of equilibrium, the price that a consumer is ready to pay for a commodity is the marginal utility of the commodity. Because, in a state of equilibrium: Px= MUx (in terms of money).