Selena has utility U=lnX + 2lnY Calculate the formula for her marginal rate of substitution between X and Y, showing your work.

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter6: Consumer Choice Theory
Section6.2: Income And Substitution Effects And The Law Of Demand
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Selena has utility U=lnX + 2lnY Calculate the formula for her marginal rate of substitution between X and Y, showing your work.

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