The marginal of the last unit of apples consumed is 12, and the marginal utility of the last unit of bananas consumed is 8. what set of prices for apples and bananas would consistent with consumer equilibrium

The set of prices for apples and bananas, respectively, which would be consistent with consumer equilibrium is: b. $6 and $4.What is the law of diminishing marginal utility?In Economics, the law of diminishing marginal utility states that as the unit of a good (product) or service consumed by an individual increases, the additional satisfaction he or she derives from consuming additional units of the same good (product) or service would start decreasing or diminishing as the units consumed increases.This ultimately implies that, the marginal utility of goods and services simply refers to the additional satisfaction that a consumer derives from consuming or buying an additional unit of a good (product) or service.From the information provided, the consumer equilibrium can be calculated as follows:Consumer equilibrium = 12/8 Consumer equilibrium = 3/2From the answer options provided, the consistent price for apples and bananas with consumer equilibrium is given by:Consumer equilibrium = 6/4 Consumer equilibrium = 3/2Read more on marginal utility here: https://brainly.com/question/15505253#SPJ1Complete Question:The marginal utility of the last unit of apples consumed is 12 and the marginal utility of the last unit of bananas consumed is 8. What set of prices for apples and bananas, respectively, would be consistent with consumer equilibrium?a. $8 and $12b. $6 and $4c. $16 and $9d. $4 and $6