Question: 5) Kelly's utility function is given by U = 5X + 2Y, where MUx = 5 and MUY = 2. a. What is MRS between

 5) Kelly's utility function is given by U = 5X +

2Y, where MUx = 5 and MUY = 2. a. What is

5) Kelly's utility function is given by U = 5X + 2Y, where MUx = 5 and MUY = 2. a. What is MRS between X & Y? b. What is MRS btw X & Y when X = 1 and Y = 5? c. Draw a sample indifference curve for Kelly between X and Y

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