Question: 2 Economics Julian has the following utility function: U = X 5y where X is the number of CDs and Y is movies per month.

Economics Julian has the following utility function: U = X 5y where X is the number of CDs and Y is movies per month. a. Determine Julian's MRSy when X-4 and Y=6 b. Explain whether U = XY is a monotonic transformation of the utility function of U = x0.5y0.5

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