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    Intermediate Microeconomics
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    Exam 4: Choice
  5. Question
    Charlie's Utility Function Is U(x, Y) = Xy<sup>2</sup>
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Charlie's Utility Function Is U(x, Y) = Xy2

Question 19

Question 19

True/False

Charlie's utility function is U(x, y) = xy2. His marginal rate of substitution between x and y does not change if the amount of both goods doubles.

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