Question: Consider the following utility function: 0.50 0.50 U=100X Y A consumer faces prices of PX = $2 and P =$2. Y Assuming that graphically good

Consider the following utility function: 0.50 0.50 U=100X Y A consumer faces prices of PX = $2 and P =$2. Y Assuming that graphically good X is on the horizontal axis and good Y is on the vertical axis, suppose the consumer chooses to consume 16 units of good X and 11 units of good Y. Then the ginal rate of substitution is equal to: MRS = :|. (Enter your response rounded to two decimal places. Do not forget to include the negative sign.) Use absolute values

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