Question: 1.*2.6 What is the MRS for the CES utility function (which is slightly different from the one in the text) U(q1, q2) = (aq1

1.*2.6 What is the MRS for the CES utility function

(which is slightly different from the one in the text)

U(q1, q2) = (aq1

ρ + [1- a]q2

ρ)1/ρ? (Hint: Look at Solved Problem 3.2.) M

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