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Utility function of an individual

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Reference no: EM131258588

Suppose that the utility function of an individual can be described as U(X,Y) = 4X + 2Y. For this utility function the MRS

A) is always X*Y
B) is always constant
C) is always X/Y
D) is always X+Y
E) is always X-Y

Reference no: EM131258588

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