craincrew5963 craincrew5963

02-01-2023
Business

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A consumer downloads 4 movies and 3 apps per week. Suppose the price is $5 per movie and $3 per app, and the marginal utility is 12 for a movie and 10 for an app. (a) Calculate marginal utility per dollar. (b) Is this optimal consumption? (c) If not, how should they change their consumption to maximize?

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