2 6 What is the MRS for the CES utility function (which is slightly different from the one in the text), U(q1,q2) (aq1 1 a q2 )1 (Hint Look at Solved Problem 3 2 ) M 2 7 If Jos Marias utility function is U(q1, q2) q1 Aq1 a q2 b q2, what is his marginal utility from q2 What is his marginal rate of s...

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2.6 What is the MRS for the CES utility function (which is slightly different from the one...

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2.6 What is the MRS for the CES utility function (which is slightly different from the one in the text), U(q1,q2) = (aq1

+ [1 - a]q2

)1/ ? (Hint: Look at Solved Problem 3.2.) M 2.7 If José Maria’s utility function is U(q1, q2) = q1 +

Aq1 a q2 b + q2, what is his marginal utility from q2? What is his marginal rate of substitution 120 CHAPTEr 3 Consumer Theory between these two goods? (Hint: Look at Solved Problem 3.2.) M

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2.6 What is the MRS for the CES utility function (which is slightly different from the one in the text), U(q1,q2) = (aq1 + [1 - a]q2 )1/ ? (Hint: Look at Solved Problem 3.2.) M 2.7 If Jos Marias...
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