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Hui's utility function is U(x,y) = 3.7(x+y) 7.9 . As usual, let MRS=Ux / Uy be Hui's marginal rate of substitution. What is the value
Hui's utility function is U(x,y) = 3.7(x+y)7.9. As usual, let MRS=Ux / Uy be Hui's marginal rate of substitution. What is the value of the derivative dMRS/dx at the point were x=2.4 and y=1.1?
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