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N4 Your mobile cellular service company gives you 10GB of free data per month, and charges $5/GB thereafter. Suppose that your utility from consuming x
N4
Your mobile cellular service company gives you 10GB of free data per month, and charges $5/GB thereafter. Suppose that your utility from consuming x GB of data is 100(1-e-0.25x) and that your disutility from paying $1 is 1 (namley, paying $1 degrades your utility by 1). How much data should you consume in a month to maximize your utility.
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