1. (18 points) For each of the following situations, i) Find the Marginal Rate of Substitution...

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b) The consumers utility function is given by U(XY = MIN(X, 4Y), and the given bundle is X-5 and Y, i) MRS ii) Draw your graph in this space

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MR S うMRS: (6,y) TL X-4 Cr

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