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Peter's utility function is u(X1, X2) = x 0.25x20 20.5. The value of his own-price elasticity of demand for X2 is: The production function of

Peter's utility function is u(X1, X2) = x 0.25x20 20.5. The value of his own-price elasticity of demand for X2 is: The production function of a firm is given by q = 4x10.5x20.25. What is the value of its technical rate of substitution when it employs X1 = 4 and X2 = 3

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