Utility Assignment | Homework For You
Text FTODIEMT 2U-IZ Que Quantity of Subscriptions to Office Productivity Apps per Quantity of Subscriptions to Economics Statistics Apps per Year Total Utility (utils) Total Utility (utils) Year 1 30 1 600 2 50 2 1,100 3 60 1,500 1,800 4 68 4 72 5 2,000 75 2,100
Refer to the above table and assume that each year this consumer buys only annual subscriptions to economics statistics apps and subscriptions to office productivity apps. The price of a subscription economics statistics app is $4 per year, and the subscription to each office productivity app is $40 per year. If the consumer’s available income is $164 per year, he will purchase a quantity of econ office productivity apps each year at a consumer optimum apps and. Get Economics homework help today