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Given a Utility Function U = 3A2B3, Which of the Following

Question 17

Multiple Choice

Given a utility function U = 3A2B3, which of the following is true?


A) MUA = 3A2
B) MUB = 9A2B2
C) The marginal rate of substitution cannot be determined.
D) The marginal utility for each good is negative.

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