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Economics

Find the marginal utility functions of the following utility functions:

Plot the marginal utility functions. Indicate which of these functions appear to exhibit diminishing, constant or increasing marginal utility?

1. u(x,y) = 3x + 2y

2. u(F,C) = 10FC

3. u(F,C) = .2F2C2

4. u(x,y) = (XY)1/2

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9471219

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