The table below details the total utility that J J gets from going to see basketball and hockey games during a month Fill in the marginal utility and the marginal utility per dollar spent for both basketball and hockey given that the price is $20 and $30 respectively (5 marks) If J J had $120 to spend, how many of each sporting game would he attend What would be the value of maximum total utility obtained from sending $120 on this combination (Explain the choice) ( 3 marks for explanation and 2 marks for correct answer ) Basketball Games $20 Hockey Games $30 Quantity Total Utility Marginal Utility MU P Quantity Total Utility Marginal Utility MU P 0 0 0 0 1 240 1 330 2 380 2 510 3 480 3 630 4 560 4 690 5 540 5 720

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Question: The table below details the total utility that J.J. gets from going to see basketball and hockey games during a month. Fill in the marginal

The table below details the total utility that J.J. gets from going to see basketball and hockey games during a month.

Fill in the marginal utility and the marginal utility per dollar spent for both basketball and hockey given that the price is $20 and $30 respectively. (5 marks)
If J.J. had $120 to spend, how many of each sporting game would he attend? What would be the value of maximum total utility obtained from sending $120 on this combination? (Explain the choice) ( 3 marks for explanation and 2 marks for correct answer )

Basketball Games $20

Hockey Games $30

Quantity

Total Utility

Marginal Utility

MU/P

Quantity

Total Utility

Marginal Utility

MU/P

240

330

380

510

480

630

560

690

540

720

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