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1. You have a budget of $125 per month that you can spend digital music or eating dinner. Each dinner costs $25 and each digital

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1. You have a budget of $125 per month that you can spend digital music or eating dinner. Each dinner costs $25 and each digital album costs $10. Use the chart below to answer the following questions. Albums _ Dinners _ No. Per , _ No. Per Total Total Utility .. Week Week Utility 1. What is the utility maximizing bundle? 2. Explain how the total utility will be affected if prices and income double

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