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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
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 to each type of economics statistics app is $44 per year, and the subscription to each office productivity app is $40 per year. If the consumer's available income is $252 per year, he will purchase a quantity of_____ economics statistics apps and ____office productivity apps each year at a consumer optimum.
Quantity of Subscriptions to Quantity of Subscriptions to
Total Utility Office Productivity
Economics Statistics Apps per Year Total Utility(utils) Apps per Year Total Utility (utils)
1 30 1 600
2 50 2 1100
3 60 3 1500
4 68 4 1800
5 72 5 2000
6 75 6 2100
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