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(b) A typical bank customer enjoys two services 51 and 82 at Bank M. The utility (or satisfaction) by an average customer can be described
(b) A typical bank customer enjoys two services 51 and 82 at Bank M. The utility (or satisfaction) by an average customer can be described by the utility function: U(Sl, 32) : 5S%+51$23S. Determine (i) the marginal utility of service 31; (ii) determine the marginal utility of service 32; (iii) When 51 : 2 and 82 : 3, should a typical bank customer \"consume\" more unit of service 81 or more unit of service 82. Explain your reasoning
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