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Business, 04.11.2019 23:31 ciarakelly636owuiup

Suppose you have a monthly entertainment budget that you use to rent movies and purchase cds. you currently use your income to rent 5 movies per month at a cost of $5.00 per movie and to purchase 5 cds per month at a cost of $10.00 per cd. your marginal utility from the fifth movie is 20 and your marginal utility from the fifth cd is 30. are you maximizing utility?

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