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13-12-2022
Mathematics

Answered

Casey likes to consumer movies and comics. Her utility function for these goods is given below. For example, her utility from the
bundle (2 movies, 4 comics) is 200 + 113.
Suppose the price of each movie is 20 dollars, and that the price of each comic is 10 dollars. She has 130 dollars to spend.
What is the marginal utility to Casey of the 3rd movie.

Answer :

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