Given the following utility function u2x1x23x123 x2 1 find


Given the following Utility function: U=(2X1X2+3X1^2)^3 x2 1. Find the marginal utility for x1 and x2. Do not simplify the function. work it in form given 2. Show mathematically whether the marginal utility for x1 and x2 is increasing or decreasing 3. What is the marginal rate of substation for this utility function?

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Business Economics: Given the following utility function u2x1x23x123 x2 1 find
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