Answer to Question #72034 in Microeconomics for tg

Question #72034
I. U=(x y)=x^(1/3)y^(2/3) that subjected to budget constant 6x+3y=720 then find
1. MUx,
2. MUy,
3. MRSx,y
4.write equilibrium optimum condition.
II. Assume u function of a consumers is u=x^(2) + y^(2) then, Required.
1. MRSy,x
III. a consumers u function give as u=x^(4). y^(-2)
1. MUx,
2. MUy,
3. MRSx,y
1
Expert's answer
2017-12-21T09:29:07-0500
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