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(Utility from Coffee and Comic Books) Look at the Table

Question 445

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(Utility from Coffee and Comic Books) Look at the table Utility from Coffee and Comic Books.Your eccentric professor has a daily budget of $40 and he spends it entirely on cups of coffee and comic books.The table shows the total utility he receives from consuming different quantities of coffee and comic books.Each comic book is priced at $8 and each cup of coffee is priced at $4.To maximize his utility, how many cups of coffee and how many comic books should he buy? How many utils of total utility will he enjoy?

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