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Independent marginal utilities Two goods have independent marginal utilities if ?2U ?y?x 5 ?2U ?x?y 5 0

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Independent marginal utilities Two goods have independent marginal utilities if ?2U ?y?x 5 ?2U ?x?y 5 0. Show that if we assume diminishing marginal utility for each good, then any utility function with independent marginal utilities will have a diminishing MRS. Provide an example to show that the converse of this statement is not true.3.11 Independent marginal utilities Two goods have independent marginal utilities if ?2U ?y?x 5 ?2U ?x?y 5 0. Show that if we assume diminishing marginal utility for each good, then any utility functi

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