Reference no: EM132006576

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