The total utility of your consumption of widgets is 40; it changes by 2 with each change

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The total utility of your consumption of widgets is 40; it changes by 2 with each change in widgets consumed.

The total utility of your consumption of wadgets is also 40 but changes by 3 with each change in wadgets consumed.

The price of widgets is $2 and the price of wadgets is $3. How many widgets and wadgets should you consume? (LO19-2)

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Introduction To Information Systems

ISBN: 9781118674369

5th Edition

Authors: R. Kelly Rainer, Brad Prince, Casey G. Cegielski

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