Take a look at Table 20-1. Suppose that the price of each digital app falls to $3.30.
Question:
Take a look at Table 20-1. Suppose that the price of each digital app falls to $3.30. At the same time, the price of each portable power bank increases to $5.37. Income remains unchanged at $26. Rework the marginal-utility-per-dollars-spent columns and round each amount to the nearest one-tenth. What are the quantities of digital apps and portable power banks now purchased by this consumer?
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As shown in the revised table that after redoing the columns the marginal utility pe...View the full answer
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