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Other Fields Homework Help Economics Topic started by: stars_and_moon on Jul 20, 2016



Title: Ann is getting ready for Spring Break and she has $50 to spend on trips to the tanning booth, workou
Post by: stars_and_moon on Jul 20, 2016
Ann is getting ready for Spring Break and she has $50 to spend on trips to the tanning booth, workouts at the gym, and swimsuits.  The price of each tanning session is $10, the price of each workout is $5, and the price of each swimsuit is $15.  Using the utilities in the table below, how many of each should she purchase?

Tanning   Marginal Utility Tanning   Workouts   Marginal Utility Workouts   Swimsuits   Marginal Utility Swimsuits
1   12   1   7   1   15
2   10   2   6   2   10
3   8   3   5   3   5
4   6   4   4   4   2
5   4   5   5   5   0


Title: Re: Ann is getting ready for Spring Break and she has $50 to spend on trips to the tanning booth, ...
Post by: kingby on Aug 9, 2016
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Title: Re: Ann is getting ready for Spring Break and she has $50 to spend on trips to the tanning booth, workou
Post by: stars_and_moon on Aug 17, 2016
Perfectly answered :D

Cheers


Title: Re: Ann is getting ready for Spring Break and she has $50 to spend on trips to the tanning booth, workou
Post by: kingby on Aug 18, 2016
Great! Now we can move on to the next one