Given a Utility Function U = 3A²B³, Which of the Following

question 17

Multiple Choice

Given a utility function U = 3A²B³, which of the following is true?

• A) MU_A = 3A²
• B) MU_B = 9A²B²
• C) The marginal rate of substitution cannot be determined.
• D) The marginal utility for each good is negative.

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