through 6.Elapsed time (inminutes)306090120150Total utility of playingvideo games2045637883Answer here1Total utility ofswimming4022666727676Jenny spends an average of $3 each hour she plays video games. What is hermarginal utility per dollar for the second half hour?

Given:Cost of playing video games per hour Problem:Find the marginal utility per dollar for the…

Elapsed time (in minutes) 30 60 90 120 150 Total utility of playing video games 20 45 63 78 83 Total utility of swimming 40 2 72 75 76 62 76 Jenny spends an average of $3 each hour she plays video games. What is her marginal utility per dollar for the second half hour?

Elapsed time (in minutes) 30 60 90 120 150 Total utility of playing video games 20 45 63 78 83 Total utility of swimming 40 2 72 75 76 62 76 Jenny spends an average of $3 each hour she plays video games. What is her marginal utility per dollar for the second half hour?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

through 6.
Elapsed time (in
minutes)
30
60
90
120
150
Total utility of playing
video games
20
45
63
78
83
Answer here
1
Total utility of
swimming
40
22666
72
76
76
Jenny spends an average of $3 each hour she plays video games. What is her
marginal utility per dollar for the second half hour?

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