Price Theory - ECON 3301 Due date: Sep 21 Homework 2 Note: I encourage you can with others, but make sure you submit your own answers. Question 1: Suppose that Linda has Cobb-Douglas preference over apple (good 1) and orange (good 2), U (91, 92) = qiq2-2, (1) Derive marginal utility MU, and MU2 for both goods, and marginal rate substitution MRS (2) Briefly show that: to satisfy diminishing MU, it must have 0