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A consumer has utility given byU(x,y)=(12x^1/3+3y^2/3)^3. What is the marginal rate of substitution of Xfor YwhenX=2and Y=4?
A consumer has utility given byU(x,y)=(12x^1/3+3y^2/3)^3. What is the marginal rate of substitution of Xfor YwhenX=2and Y=4?
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Intermediate Microeconomics
Authors: Hal R. Varian
8th edition
393934241, 978-0393934243
