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Suppose your utility function can be expressed as U( x , y ) = x 1/2 y 1/2 . What is your utility at (
- Suppose your utility function can be expressed as U(x, y) = x1/2y1/2. What is your utility at (x,y) = (10.10)? Is your marginal utility of x positive? Is your marginal utility of x increasing?
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