For the utility function U(X,Y) = X^0.5Y^0.5, the marginal rate of substitution MRS_XY is: A) 0.5Y/X. B) 0.5X/Y. C) X/Y. D) Y/X.

Name: For the utility function U(X,Y) = X 0.5 Y 0.5 , the marginal rate of substitution MRS XY is: A) 0.5Y/X. B) 0.5X/Y. C) X/Y. D) Y/X.
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The Answer of For the utility function U(X,Y) = X^0.5Y^0.5, the marginal rate of substitution MRS_XY is: A) 0.5Y/X. B) 0.5X/Y. C) X/Y. D) Y/X.

For the Utility Function U(X,Y) = X0

For the Utility Function U(X,Y) = X⁰