Complete each of the following problems showing ALL your work. Answer the following questions related to the utility function: U(x, y) = 0.5x0.40.6 a. Is the "more is better" assumption satisfied for both goods? Explain. b. What type of function is this? Explain. c. Provide expressions for the marginal utilities of x and y.

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A: See this solution in below

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A: I am attaching image so that you understand each and every step.

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A: See this solution I below

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A: Topic = Differential equation

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A: The solution is given in the next step.