Question: ( 1 , 2 ) = 1 2 1 ( 1 , 2 ) = log ( 1 ) + ( 1 ) log (

(1,2)=1
2
1(1,2)= log(1)+(1) log(2)
a) Show that the Marginal Rates of substitution implied by these two utility functions are the same
for all values of 1 and 2

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