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I. U = 2xy II. U = 4x + y III. U = 6x 1/4 y 1/4 7 For each of the utility functions above:

I. U = 2xy

II. U = 4x + y

III. U = 6x^1/4 y^1/4 7

For each of the utility functions above:

(a) Find the marginal utilities of both goods as well as the marginal rate of substitute

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