Paul Has the Utility Function U(q 1 ,q 2 )= Q 1 q 2

The Answer of Paul Has the Utility Function U(q 1 ,q 2 )= Q 1 q 2

The Answer of Paul Has the Utility Function U(q 1 ,q 2 )= Q 1 q 2

Solved

Paul Has the Utility Function U(q₁,q₂)= Q₁q₂

Question 121

Paul has the utility function U(q₁,q₂) = q₁q₂.If Paul consumes q₁= 4 and q₂= 2 his Marginal Rate of Substitution is

A) -2.
B) 1.
C) -1.
D) -1/2.

Related Questions

Q37: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6808/.jpg" alt=" -Max has allocated

Q52: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6808/.jpg" alt=" -Max has allocated

Q63: The absolute value of the slope of

Q91: Indifference curves for perfect substitutes must be

Q113: If two goods,"x" and "y",are perfect substitutes,then

Q114: John is indifferent between canned soup and

Q117: For which of the following pairs of

Q120: If the utility for two goods "x"

Q123: Joe's budget constraint equals 500 = 2F

Q126: Teddy has preferences given by the utility