Question: Question 2. (2.5 points) Suppose U(x, y) = 4x2 + 3y 1. Calculate OU/Ox, OU/dy 2. Evaluate these partial derivatives at x = 1, y

 Question 2. (2.5 points) Suppose U(x, y) = 4x2 + 3y

Question 2. (2.5 points) Suppose U(x, y) = 4x2 + 3y 1. Calculate OU/Ox, OU/dy 2. Evaluate these partial derivatives at x = 1, y = 2 CN 3. Calculate dy/dx for dU = 0, that is, what is the implied trade-off between x and y holding U constant? 4. Show U = 16 when x = 1, y = 2. 5. In what ratio must x and y change to hold U constant at 16 for movements away from x = 1, y = 2

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