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Sofia has set aside $50 to spend on DVDs and movie tickets. The table shows Sofia's marginal utility from various quantities these two goods. Suppose the price of a movie ticket is $10, and the price of a DVD rental is $5. Sofia will maximize her utility if she buys movie tickets and rents DVDs. a Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. b с d 3;4 4; 2 5; 0 Quantity 1 2 3 4 2; 6 5 6 7 8 MU Movie 150 145 140 135 130 125 120 115 MU DVD 100 90 80 70 60 50 40 30

Sofia has set aside $50 to spend on DVDs and movie tickets. The table shows Sofia's marginal utility from various quantities these two goods. Suppose the price of a movie ticket is $10, and the price of a DVD rental is $5. Sofia will maximize her utility if she buys movie tickets and rents DVDs. a Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. b с d 3;4 4; 2 5; 0 Quantity 1 2 3 4 2; 6 5 6 7 8 MU Movie 150 145 140 135 130 125 120 115 MU DVD 100 90 80 70 60 50 40 30

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Sofia has set aside $50 to spend on DVDs and movie tickets. The table shows Sofia's marginal utility from various quantities these two goods. Suppose the price of a movie ticket is $10, and the price of a DVD rental is $5. Sofia will maximize her utility if she buys movie tickets and rents DVDs. Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a b с d 3;4 4; 2 5; 0 Quantity 1 2 3 4 5 6 7 8 2; 6 MU Movie 150 145 140 135 130 125 120 115 MU DVD 100 90 80 70 60 50 40 30
Transcribed Image Text:Sofia has set aside $50 to spend on DVDs and movie tickets. The table shows Sofia's marginal utility from various quantities these two goods. Suppose the price of a movie ticket is $10, and the price of a DVD rental is $5. Sofia will maximize her utility if she buys movie tickets and rents DVDs. Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a b с d 3;4 4; 2 5; 0 Quantity 1 2 3 4 5 6 7 8 2; 6 MU Movie 150 145 140 135 130 125 120 115 MU DVD 100 90 80 70 60 50 40 30
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