Question: Find text or tools Sarah spends $ 1 2 0 a year on movie tickets and ice cream. The table below shows her utility from
Find text or tools
Sarah spends $ a year on movie tickets and ice cream. The table below shows her utility from each good. The price of a movie ticket is $ and the price of ice cream is $ per gallon
a Complete the table marks
tabletableQuantitymovies peryeartableTU frommoviestableMU frommoviestableMUP formoviestableQuantitygallons ofice cream peryeartableTU from icecreamtableMU forice creamtableMUPfor icecream
b Conclude whether or not Sarrah follow the law of diminishing MU marks
c What is your optimal combination of movies and ice cream? marks
d Draw the Iotal utility TU and Marginal Utility MU for movies and then conclude marks
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