Question: Question-15 Clara's utility function is U ( X , Y ) = ( X + 2 ) ( Y + 1 ) , where X

Question-15 Clara's utility function is U(X,Y)=(X+2)(Y+1), whereX is her consumption of good XandY is her consumption of good Y. What is the marginal utility with respectx(MUx)? - What is the marginal utility with respectx(MUx) - What is the marginal utility with respectx(MUy) - What is the marginal rate of substitution?

Question-16 Douglas Cornfield's preferences are represented by the utility functionu(x1,x2)=x12x23 . The prices of x1 and x2 are p1 and p2.

If Cornfield's budget line is tangent to his indifference curve at (x1,x2), thenp2x2p1x1=?

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