Equation Form
cybacatx (Not rated)
(Not rated)
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 $ |
50 | 1 |
|
|
80 | 2 |
|
|
100 | 3 |
|
|
110 | 4 |
|
|
Movies |
| ||
Total Utility | Quantity | Marginal Utility | Marginal Utility Per $ |
22 | 1 |
|
|
42 | 2 |
|
|
52 | 3 |
|
|
57 | 4 |
|
|
12 years ago
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