What is the mrsxy at the utility-maximizing point

Reference no: EM133614655

Problem: Bob's budget constraint is 75 = 10X 4Y. X and Y can be purchased in fractions of a unit. With good Y on the vertical axis, what is the MRSXY at the utility-maximizing point (assume the utility-maximizing point is an interior solution)?

Reference no: EM133614655

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