For each of the following situations i find the marginal


For each of the following situations, i) Find the Marginal Rate of Substitution at the given bundle, and ii) use a graph to indicate the given bundle, and accurately draw the indifferences curve that goes through that bundle. Be sure to label the graph accurately.

The consumer utility function of a consumer is given by: u(x,y) = x1/2  y1/2 , and the given bundle is X=16 and Y=4

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Business Economics: For each of the following situations i find the marginal
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