Econ 2010

Text Problem 20-21 # Question Help Digital Total Utility of Marginal Marginal Utility Portable Total Utility of Apps per Digital Apps Portable Power Marginal Marginal Utility Period per Period Utility per Dollars Spent Power Banks Utility per Dollars Spent (utils) (utils) (price = $5) per Period Banks per Period (utils (utils) (price = $3) 0 0 CI A WN - 50.0 50.0 10.0 25 25 8.3 95.0 45.0 9.0 47 22 7.3 135.0 40.0 8.0 65 18 6.0 171.5 36.5 7.3 80 15 5.0 200.0 28.5 5.7 89 9 3.0 Consider the table above. Suppose that the price of each digital app rises to $5.97. At the same time, the price of each portable power bank falls to $2.70. Income remains unchanged at $26. Rework the marginal-utility-per-dollars-spent columns. (Enter your responses rounded to one decimal place.) Digital Total Utility of Marginal Marginal Utility Portable Total Utility of Apps per Digital Apps Utility Portable Power Marginal Marginal Utility Utility per Dollars Spent Period per Period per Dollars Spent Power Banks (utils) (utils) (price = $5.97) per Period "Banks per Period (utils (utils) (price = $2.70) 0 00800 0 0 50.0 50.0 2 95.0 45.0 N - 25 25 47 22 3 135.0 40.0 65 18 171.5 36.5 80 15 200.0 28.5 5 89 9 Enter your answer in the edit fields and then click Check Answer. ? part remaining Clear All Check