Business
Business, 31.12.2019 04:31, priscillarios30

Alex has $18 per week in his entertainment budget. he spliots his time between going to the movies and renting video games each movie costs6 while each video game costs 3the measured total utility of each of his activities is shown in the table below.
what is alex's utility maximizing point?
movies tu video game rentals tu

0 0 0 0

1 40 1 30

2 75 2 55

3 105 3 76

4 130 4 92

5 160 5 106

6 114

7 116

answer
Answers: 2

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Alex has $18 per week in his entertainment budget. he spliots his time between going to the movies a...

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