Question: 1.Given the utility function: U(x,y) = ln 2y + ln x What is the slope of the indifference curve at the point (2, 1)? a.-(1/2)
1.Given the utility function: U(x,y) = ln 2y + ln x
What is the slope of the indifference curve at the point (2, 1)?
a.-(1/2)
b.-2
c.-1
d.1
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