Question: 9 . Suppose that U ( x 1 ; x 2 ) = x 2 1 + x 2 . ( a ) What is
Suppose that Ux; x x
x
a What is MU the marginal utility of good How about MU
b Sketch an indierence curve. What is the marginal rate of substitution
evaluated at ;
c What kind of utility function is this?
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