Question: Please help me with this question question number 3 marginal rate of substitution? 3. Suppose that a consumer enjoys consuming x1 and x2 based on

Please help me with this question question number 3

Please help me with this question question number 3 marginal rate of

marginal rate of substitution? 3. Suppose that a consumer enjoys consuming x1 and x2 based on the utility function U(21, 262) = 4V21+ 2 and faces budget constraint m = pic1 + p2x2. a. Derive the quantity of x2 that maximizes the consumer's utility subject to their budget constrain b. Is x2 an ordinary good or a Giffen good? Show your work! c. Is x2 a normal good or an inferior good? Show your work! d. Are x1 and x2 complements, substitutes, or unrelated? Show your work

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