Multiple Choice
Suppose that a consumer has utility function U(x, y) with MUx = 5y2x and MUy = 2x2y. What is the marginal rate of substitution?
A) 10y3x3
B) 2x/5y
C) 5y/2x
D) 5y2x2
Correct Answer:

Verified
Correct Answer:
Verified
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