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U = 10 and V = 100 mean the same thing. a. For U = 10, solve for x2 as a functio

ID: 1150591 • Letter: U

Question

U = 10 and V = 100 mean the same thing. a. For U = 10, solve for x2 as a function of x1 b. For V = 100, solve for x2 as a function of x1 c. Compare your answers to a and b. What have you learned? d. Find MRS for U = 10 and V = 100. Are they the same? Why? U = 10 and V = 100 mean the same thing. a. For U = 10, solve for x2 as a function of x1 b. For V = 100, solve for x2 as a function of x1 c. Compare your answers to a and b. What have you learned? d. Find MRS for U = 10 and V = 100. Are they the same? Why? U = 10 and V = 100 mean the same thing. a. For U = 10, solve for x2 as a function of x1 b. For V = 100, solve for x2 as a function of x1 c. Compare your answers to a and b. What have you learned? d. Find MRS for U = 10 and V = 100. Are they the same? Why?

Explanation / Answer

We know U =x1x2 and V = U2 = (x1x2)2.

10/x1 = x2.

             100 = (x1x2)2.

             10 = x1x2

             10/x1=x2

MRS = MU1/MU2 = x2/x1

MRS for V

MRS = 2x2/2x1 = x2/x1

Yes they are same