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Why can we say whether movies are a normal good

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Reference no: EM131917520

Problem

Sarah spends her monthly entertainment budget on books and movies. Sarah's initial utility-maximizing combination of books and movies is five movies and two books a month. Assume the price of books falls. Sarah's new utility-maximizing combination of books and movies is five movies and four books. Given this information, can we say whether movies are a normal good?

Reference no: EM131917520

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