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Consider the utility function U(x,y) = 2x^-1/4 y^3. Does this utility function exhibit constant, diminishing, or increasing marginal utility in x?
Consider the utility function U(x,y) = 2x^-1/4 y^3. Does this utility function exhibit constant, diminishing, or increasing marginal utility in x?
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International Business
Authors: John Daniels, Lee Radebaugh, Daniel Sullivan
15th edition
133457230, 978-0133457230
