Let F(x,y) = x + yº, where a is a constant, a #0 and a # 1. (a) Find the marginal rate of substitution of y forx. (b) Ca
Posted: Mon Apr 18, 2022 9:14 am
Let F(x,y) = x + yº, where a is a constant, a #0 and a # 1. (a) Find the marginal rate of substitution of y forx. (b) Calculate the elasticity of substitution between y and x.