If Ali buys 4 smoothies a week and sees 3 movies, does he spend all $30? What

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If Ali buys 4 smoothies a week and sees 3 movies, does he spend all $30? What is his utility from smoothies and his utility from movies? Does he maximize his utility? If not, which good must he buy more of?

The table shows the marginal utility that Ali gets from smoothies and movies. Ali has $30 a week to spend. The price of a movie ticket is $6, and the price of a smoothie is $3.

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Foundations Of Economics

ISBN: 9780135897478

9th Edition

Authors: Robin Bade, Michael Parkin

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