Quantity of Subscriptions to Economics Statistics Apps per Year 1 2 Total Utility (utils) 40 60 76 86 91 93 Quantity of Subscriptions to Office Productivity Apps per Year 1 4 5 6 Total Utility (utils) 400 700 If the consumer's available income rises to $190, what will be the new combination of economics statistics apps and office productivity apps? economics statistics app(s): and office productivity app(s):. 850 950 1,000 1,025 Refer to the above table and assume that each year this consumer buys only annual subscriptions to economics statistics apps and subscriptions to office productivity apps. The price of a subscription to each type of economics statistics app is $2, and the subscription to each office productivity app is $60 per year. If the consumer's available income is $128 per year, the consumer will purchase 4 economics statistics app(s) and 2 office productivity app(s).
Quantity of Subscriptions to Economics Statistics Apps per Year 1 2 Total Utility (utils) 40 60 76 86 91 93 Quantity of Subscriptions to Office Productivity Apps per Year 1 4 5 6 Total Utility (utils) 400 700 If the consumer's available income rises to $190, what will be the new combination of economics statistics apps and office productivity apps? economics statistics app(s): and office productivity app(s):. 850 950 1,000 1,025 Refer to the above table and assume that each year this consumer buys only annual subscriptions to economics statistics apps and subscriptions to office productivity apps. The price of a subscription to each type of economics statistics app is $2, and the subscription to each office productivity app is $60 per year. If the consumer's available income is $128 per year, the consumer will purchase 4 economics statistics app(s) and 2 office productivity app(s).
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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