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Suppose Al Is Currently Consuming Four Movies and Four Concerts

Question 50

Multiple Choice

Suppose Al is currently consuming four movies and four concerts per month.If his utility function is given by U = 15M0.5C,where M represents the number of movies seen and C represents the number of concerts attended,what is Al's total utility equal to?


A) 15.
B) 30.
C) 120.
D) 240.
E) 960.

Correct Answer:

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