If José Maria's utility function is U(q1, q2) = q1 + Aq1a q2b + q2, what is

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If José Maria's utility function is U(q1, q2) = q1 + Aq1a q2b + q2, what is his marginal utility from q2? What is his marginal rate of substitution between these two goods?

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Microeconomics Theory and Applications with Calculus

ISBN: 978-0133019933

3rd edition

Authors: Jeffrey M. Perloff

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Question Posted: Dec 29, 2017 12:44 AM

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If José Maria's utility function is U(q1, q2) = q1 + Aq1a q2b + q2, what is

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MU 1 1 Aq 1 1 q ...View the full answer

Microeconomics Theory and Applications with Calculus

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