For each of the following utility functions get the marginal utility of consumption of each of the goods. (a) u(Ta, Tb) = ¹/²1/2 (b) u(x, y) = ³/41/4 (c) u(a, b) = ln(ra) + In(x) (d) u(x, y) = ln(x) + In(y) (e) u(a, b) = 2a + Ib

For each of the following utility functions get the marginal utility of consumption of each of the goods. (a) u(Ta, Tb) = ¹/²1/2 (b) u(x, y) = ³/41/4 (c) u(a, b) = ln(ra) + In(x) (d) u(x, y) = ln(x) + In(y) (e) u(a, b) = 2a + Ib

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

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Chapter1: Making Economics Decisions

Section: Chapter Questions

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Question

For each of the following utility functions get the marginal utility of consumption of each
of the goods.
1/2 1/2
(a) u(a,b) = a b
(b) u(x, y) = x³/4y1/4
(c) u(a, b) = n(a) + In(x)
(d) u(x, y) = ln(x) + ln(y)
(e) u(a, b) = 2xa +Xb

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image attached
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