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Assume U(x,y)=4*(xy)^0.5+10. What is the Marginal Rate of Substitution of y for x when x=2 and y=4? a. -0.5 b. 2 c. 0.5 d. -2
Assume U(x,y)=4*(xy)^0.5+10. What is the Marginal Rate of Substitution of y for x when x=2 and y=4? a. -0.5 b. 2 c. 0.5 d. -2 Help me solve this problem step by step on how to get there
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International Economics
Authors: Thomas A. Pugel
15th edition
73523178, 978-0077769529, 007776952X, 978-0073523170
