microeconomics

microeconomics

You are reviewing your monthly budget and determine you have $60.00 to spend on either books or movies each month. (Remember you must have whole numbers, not fractions) The books cost $8.00 and the movies cost $20.00. Put this into equation form.

Complete the following Total Utilities table.

Books
Total Utility
Quantity
Marginal Utility
Marginal Utility Per $

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