Go toAmazon.comwebsite. Select to browse the Books section.

PRIVATE L. A., by James Patterson was a New York Times best selling book. Find the price of this paperback book and the price of your class textbook (Miller, R.L., (2018). Economics Today with MyEconLab Access Code, 19e. Pearson).

Using the prices you recorded for the two books (#1 book is $9.99) (#2 class text is $135.28) , suppose an individual purchased both the number one book and the class text through Amazon.com. Using the equation in the A Little Math section,

1. What does knowing the prices of the 2 books tell you about the MU of the 2 books to the person that bought them. You do not have enough information to determine what the MU is for either book, but you can say what the relative MU of the 2 books is to the person buying them based on the equation.

2. Why do you think the MU of text would be higher, lower, or the same as the novel.

A little Math Equation

MU of good A MU of good B MU of good Z = Price of good A price of good B price of good Z