Olive is going to eat lunch at a sushi restaurant using a $36 gift card she...
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Olive is going to eat lunch at a sushi restaurant using a $36 gift card she was given for her birthday. To make it simple, let's assume there are only two items on the menu, Rolls and Nigiri, and that Olive has no desire to save any of the money left on the gift card.. Each roll costs $8 and an order of nigiri is $4. The table below displays Olive's utility for Rolls and Nigiri. Rolls Total Utility MU MU/$ 1 2 3 4 5 1 2 3 4 80 Nigiri Total Utility MU 5 120 144 152 144 20 36 48 56 60 MU/$ Fill out the table completely. Do not using any units, dollar signs, simply enter the number (i.e. 7 or -3), but make sure to include the negative sign when necessary Olive is going to eat lunch at a sushi restaurant using a $36 gift card she was given for her birthday. To make it simple, let's assume there are only two items on the menu, Rolls and Nigiri, and that Olive has no desire to save any of the money left on the gift card.. Each roll costs $8 and an order of nigiri is $4. The table below displays Olive's utility for Rolls and Nigiri. Rolls Total Utility MU MU/$ 1 2 3 4 5 1 2 3 4 80 Nigiri Total Utility MU 5 120 144 152 144 20 36 48 56 60 MU/$ Fill out the table completely. Do not using any units, dollar signs, simply enter the number (i.e. 7 or -3), but make sure to include the negative sign when necessary
Expert Answer:
Answer rating: 100% (QA)
Calculation of MU and the MU for Rolls Rolls TU MU MU8 1 80 80080 10 2 120 1208... View the full answer
Related Book For
Understandable Statistics Concepts And Methods
ISBN: 9781337119917
12th Edition
Authors: Charles Henry Brase, Corrinne Pellillo Brase
Posted Date:
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