Law of equi marginal utility

 this is a brief introduction to . Law of Equal-Marginal Utility . Consumer’s Equilibrium under Marshellian analysis

Gossen Second Law

Explain how consumer  maximize his satisfaction by allocating his income with different commodity at various prices.

here, we have, Condition for consumer equilibrium two commodity 

M U x divided by P x =  M U y divided by P y = M U m 

M U x is marginal utility of  x . P x is the price of x . similarly, M u y is marginal ytility of y and p y is the price of y . m u m is marginal utility of money that is value of single currency unit.