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The utility function is given by u (x1, x2) = x1^0.5+x2^0.5 1) Find the marginal rate...

The utility function is given by u (x1, x2) = x1^0.5+x2^0.5

1) Find the marginal rate of substitution (MRSx1,x2 )

2) Derive the demand functions x1(p1, p2, m) and x2(p1,p2, m) by using the method of Lagrange.

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