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Dan Preston Made $18,000 in the First Movie He Ever

question 9

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Dan Preston made $18,000 in the first movie he ever starred in.Dan soon made more and more movies and more and more money.At a 46.18% rate of salary increase per movie,how many movies did Dan make in order to earn $5,350,000 in a single movie?


Definitions:

Marginal Utility

The extra pleasure a customer receives from consuming an additional unit of a product or service.

Total Utility

The total satisfaction received by consuming a particular amount of goods or services.

Utility

The total satisfaction received from consuming a good or service.

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