Suppose marthas utility is given by u122 3y2 what is


Suppose martha's utility is given by U=1/2^2 +3y^2. what is formula for martha's rate of substitution? Is the marginal rate of substitution increasing or decreasing or constant as martha substitutes x for y?

 

 

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Microeconomics: Suppose marthas utility is given by u122 3y2 what is
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