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October 2, 2014

Homework Help: mircoeconomic

Posted by lisa on Tuesday, November 18, 2008 at 10:21am.

Lakshani has $50 per season to spend on tickets to foot-ball games and tickets to soccer games. Each football tick-et costs $10 and each soccer ticket costs $5. She is thinking about buying 3 football tickets and 2 soccer tickets. Her marginal utility from the third football ticket is twice as much as her marginal utility from the second soccer ticket

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