Budget constraint and optimal consumption

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Dakota spends $56 a month at allthemovies.com on film-noir (FN) and sci-fi (SF) movies, which typically cost $14 each. The graph on the left shows her budget constraint and optimal consumption, point A. This month, SF movies are on sale for $7. Answer the three questions below (scroll down to see them all).

Reference no: EM131095894

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Budget constraint and optimal consumption : Dakota spends $56 a month at allthemovies.com on film-noir (FN) and sci-fi (SF) movies, which typically cost $14 each. The graph on the left shows her budget constraint and optimal consumption, point A. This month, SF movies are on sale for $7. Answe..

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