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Question 2. For each of the following utility functions: (i) u1(x1,T2) = 2x2. (a) Graph the indifference curves for utility levels u -1 and u 2 (b) Find the marginal rate of substitution function MRS. (c) For u and us, graph the locus of points for which the MRS of good 2 for good 1 is equal to 1, and the locus of points for which the MRS is equal to 2.

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Question 2. For each of the following utility functions: (i) u1(x1,T2) = 2x2. (a) Graph the...
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