Question: Hi, can you help me answer this question please? Thank you in advance! 1. Consider the following CES utility function: i i 2 u(:c) =

Hi, can you help me answer this question please?Thank you in

Hi, can you help me answer this question please?

Thank you in advance!

advance! 1. Consider the following CES utility function: i i 2 u(:c)

1. Consider the following CES utility function: i i 2 u(:c) = [311:12 +3322] . 0 Show that the function is homothetic. 0 Draw one indifference curve. 0 Compute the marginal rate of substitution

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