Economics · Consumer Behaviour and Utility
Given the utility function U = xy + 3x + 4y, what are the marginal utilities of goods x and y respectively?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1xy + 3 and y + 4
- 2xy + 3 and xy + 4
- 3y + 4 and x + 3
- 4y + 3 and x + 4✓
Correct answer
y + 3 and x + 4
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