3. Franks indifference curves for movies and bowling look like the figure to the right. Each game...
Question:
3. Frank’s indifference curves for movies and bowling look like the figure to the right.
Each game of bowling costs $4, and each movie costs $8. If Frank has $24 to spend, how many times will he go bowling? How many times will he go to the movies?
Transcribed Image Text:
Movies 5 4 3 2 IC3 IC 1 IC1 0 1 2 3 4 5 6 7 8 9 10 Bowling games
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