Suppose an individual had a utility function given by: U -X0,6y0.8 Calculate this individual's Marginal Rate...

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Suppose an individual had a utility function given by: U -X0,6y0.8 Calculate this individuals Marginal Rate of Substitution (MRSxy) when they have a bundle with 3 units of Good X and 4 units of Good Y (Round to the nearest decimal place if necessary.)

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o 6-1 o MUX o. 6 2 08 0-62 На 3 MR 9 3

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