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PLS QUICK - I HAVE 15 MIN Jessy spends no more than $14 per month on movies and eating out. The price of a movie
PLS QUICK - I HAVE 15 MIN
Jessy spends no more than $14 per month on movies and eating out. The price of a movie is $4 and the price of a meal out is $5. Marginal utility of the first, second, third and fourth meal out are 135, 120, 90, 75, respectively. Marginal utility of the first, second, third and fourth movie are 96, 80, 64, 48, respectively.If Jessy wants to maximize her utility she should choose
Select one:
a. 1 movies and 3 meals out
b. 1 movies and 2 meals out
c. none of the answers
d. 2 movies and 1 meal out
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