Henrietta's Utility Function Is U(x 1 , X 2 )= X 1 x 2

The Answer of Henrietta's Utility Function Is U(x 1 , X 2 )= X 1 x 2

The Answer of Henrietta's Utility Function Is U(x 1 , X 2 )= X 1 x 2

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Henrietta's Utility Function Is U(x₁, X₂)= X₁x₂

Question 6

Henrietta's utility function is U(x₁, x₂)= x₁x₂.She has diminishing marginal rate of substitution between goods 1 and 2.

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