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Enrique is a movie buff. He likes to watch on-demand movies from his cable company, which cost $5 each, and he also likes to go
Enrique is a movie buff. He likes to watch on-demand movies from his cable company, which cost $5 each, and he also likes to go to the local movie house, which charges $15 a ticket. Suppose that given his budget and his tentative spending plans, the marginal utility from a cable movie is 15 utils and the marginal utility of a movie at the local cinema is 45 utils. Assuming he is spending his entire budget, Enrique is currently maximizing his utility Enrique can increase his utility by buying more cable movies and watching fewer cinema movies Enrique can increase his utility by buying more cinema movies and fewer cable movies 99+ TALK O
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