Chapter3: Preferences And Utility
Section: Chapter Questions
Problem 3.13P
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Question
![Given the utility function
1/2 1/2
U = x₁x₂find a general expression for MRCS in terms of x₁ and x₂.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F96167457-d811-4af3-a382-0d03304a1ad0%2Fccfde3bd-6f65-471a-b22d-cf593a274045%2F6g2w6vp_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Given the utility function
1/2 1/2
U = x₁x₂find a general expression for MRCS in terms of x₁ and x₂.
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