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The table details the total utility that J.J. gets from going to see soccer and baseball games during a month. J.J. had $200 to spend.
The table details the total utility that J.J. gets from going to see soccer and baseball games during a month. J.J. had $200 to spend. Calculate the marginal utility and the marginal utility per dollar spent for both soccer and baseball games, given that the price is $40 and $20 respectively. Based on your calculations:
how many soccer games would he attend?
how many baseball games would he attend?
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