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Taylor's Marginal Utility from Watching Movies and from Eating Out

question 7

Multiple Choice

Taylor's marginal utility from watching movies and from eating out (in utils) is shown below. Taylor spends exactly $100 every month on these two forms of entertainment, and the price of each movie is $10 and the price of each dinner is $20.  Movies  Per Month  Marginal Utility  Per Movie  Dinners Out  Per Month  Marginal Utility  Per Dinner 160115025021403203120454100\begin{array} { | c | c | c | c | } \hline \begin{array} { c } \text { Movies } \\\text { Per Month }\end{array} & \begin{array} { c } \text { Marginal Utility } \\\text { Per Movie }\end{array} & \begin{array} { c } \text { Dinners Out } \\\text { Per Month }\end{array} & \begin{array} { c } \text { Marginal Utility } \\\text { Per Dinner }\end{array} \\\hline 1 & 60 & 1 & 150 \\\hline 2 & 50 & 2 & 140 \\\hline 3 & 20 & 3 & 120 \\\hline 4 & 5 & 4 & 100 \\\hline\end{array} If Taylor watches 2 movies a month, Taylor will eat out ______ times per month, and have marginal utility per dollar of ______ from movies and a marginal utility per dollar of ______ from eating out.


Definitions:

Cooperative

Pertaining to the willingness or practice of working together with others for a common purpose or benefit.

Sequential

Following a logical order of progression or a sequence, one after the other.

Interactive

Involving communication and active engagement between two or more parties, often used to describe digital technologies, teaching methods, or entertainment.

Self-Control

The capacity to manage one's feelings, cognitions, and actions when confronted with desires and sudden urges.

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