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Business, 07.11.2019 00:31 ashanty45

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 βˆ’ 4 66 5 βˆ’ 5 80 6 βˆ’ 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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