10. The consumer's utility function is U=4 square root of X1 + X2. This means that the MRS at the bundle (x1, x2) is 2/square root of X1. Show that the individual's indifference curves have the diminishing MRS property.© BrainMass Inc. brainmass.com March 21, 2019, 3:49 pm ad1c9bdddf
Assess the individual's indifference curves.