Business, 28.11.2019 19:31 angtrevv

Jennifer is trying to decide what combination of music albums and dvds to buy. she has $45 to spend. dvds cost $15. albums cost $7.50. what consumption bundle does jennifer most prefer? utility from consumption quantity of dvds total utility from quantity of dvds quantity of albums total utility from quantity of albums 1 26 1 18 2 50 2 35 3 72 3 51 4 − 4 66 5 − 5 80 6 − 6 93 how individuals decide what to consume consumption bundle quantity of dvds quantity of albums total utility change in total utility gain/loss in total utility from the previous choice conclusion fewer dvds more albums

a 3 0.

b 2 2..

c 1 4.

d 0 6.

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Jennifer is trying to decide what combination of music albums and dvds to buy. she has $45 to spend....

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