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Kelly’s utility function is given

Kelly’s utility function is given by U = 5X + 2Y, where MUX = 5 and MUY = 2I know MRSxy would be 2.5 What is MRSXY when X = 1
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2. asked by Olivia
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how are:goods services utility form utility place utility time utility possession utility information utility benifits and
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2. asked by clarissa
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Ive been stuck on this forever now if someone could please walk me through it i was appreciate it:1: Suppose John had a utility
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2. asked by Brett
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For a risk averse person,a. the utility function exhibits the property of constant marginal utility of wealth. b. the pain of
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2. asked by unknown 2.0
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Suppose a person has a utility function U=YX. What is the minimum level of income required to get a utility of 20? Your answer
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2. asked by jon
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Suppose a person has a utility function U=YX. What is the minimum level of income required to get a utility of 20? Your answer
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2. asked by jon
3. 515 views
Use a symbolic differentiation utility to find the derivative of the function g(x)=x�ã((x^2)+1). Use the utility to graph the
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2. asked by Jon
3. 1,987 views
1: Suppose John had a utility function of U=X^2/3Y^1/3 . Derive Johns demand function from his utility function showing all the
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2. asked by Brett
3. 659 views
1) Use a graphing utility to obtain the graph of the function. Give the domain of the function and identify any vertical or
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2. asked by Addy
3. 1,249 views
consumer consuming two commodities X and Y has the following utility function .If the price of the two commodities are Birr 1
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2. asked by Those who want to be...
3. 125 views