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15-10-2022
Mathematics

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Suppose you have a monthly entertainment budget that you use to rent movies and purchase cds. You currently use your income to rent 5 movies per month at a cost of 5.00 per movie and to purchase 5 cds per month at a cost of 10 per cd. Your marginal utility from the fifth movie is 30 and your marginal utility from the fifth cd is 70

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