You have decided to spend $40 this month on CDs and movies. The total benefits you receive
Question:
a. Complete columns B, C, E, and F in the table above.
b. What combination of movies optimizes your total benefit? Explain your reasoning.
c. Suppose the local movie theater decides to offer a student discount, and as a result, the price of a movie falls to $5. If the price of CDs remains $10 and you continue to spend $40 on CDs and movies, what combination of movies optimizes your total benefit? Explain your reasoning.
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