question archive The following table shows the marginal utility of lunches and magazines Lunches Magazines Weekly quantity Marginal utility Weekly quantity Marginal utility 1 90 1 60 2 84 2 48 3 75 3 42 4 63 4 37 5 48 5 34 6 30 6 33 Rebeca spends $42 a week on lunches and magazines The price of a lunch is $6 and the price of the magazines is $6 a) How many lunches a week does Rebeca buy? b) If the price of lunches doubles to $12 (everything else stays the same), how many lunches would she buy? c) Mention two points in the lunch demand curve
The following table shows the marginal utility of lunches and magazines Lunches Magazines Weekly quantity Marginal utility Weekly quantity Marginal utility 1 90 1 60 2 84 2 48 3 75 3 42 4 63 4 37 5 48 5 34 6 30 6 33 Rebeca spends $42 a week on lunches and magazines The price of a lunch is $6 and the price of the magazines is $6 a) How many lunches a week does Rebeca buy? b) If the price of lunches doubles to $12 (everything else stays the same), how many lunches would she buy? c) Mention two points in the lunch demand curve
Subject:EconomicsPrice: Bought3
The following table shows the marginal utility of lunches and magazines
Lunches Magazines Weekly quantity Marginal utility Weekly quantity Marginal utility 1 90 1 60 2 84 2 48 3 75 3 42 4 63 4 37 5 48 5 34 6 30 6 33 Rebeca spends $42 a week on lunches and magazines The price of a lunch is $6 and the price of the magazines is $6
a) How many lunches a week does Rebeca buy?
b) If the price of lunches doubles to $12 (everything else stays the same), how many lunches would she buy?
c) Mention two points in the lunch demand curve
