Todd is a cattle rancher. In June and July he spent his clothing budget on jeans and

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Todd is a cattle rancher. In June and July he spent his clothing budget on jeans and cowboy hats. Each pair of jeans cost $69 and each hat cost $41. At Todd's optimal choice, his marginal utility from the last pair of jeans purchased is 443. This means that his marginal utility from the last cowboy hat purchased is:

You can round the final answer to the whole number.

Posted Date: Jun 11, 2024 01:11 PM

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Todd is a cattle rancher. In June and July he spent his clothing budget on jeans and

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