# Economics-You are reviewing your monthly budget and determine you have $60.00 to spend on either boo

**Tutor description**

You are reviewing your monthly budget and determine you have $60.00 to spend on either books or movies each month. (Remember you must have whole numbers, not fractions) The books cost $8.00 and the movies cost $20.00. Put this into equation form. Complete the following Total Utilities table. Books Total Utility Quantity Marginal Utility Marginal Utility Per $ 50 1 80 2 100 3 110 4 Movies Total Utility Quantity Marginal Utility Marginal Utility Per $ 22 1 42 2 52 3 57 4 Using the equation created above, solve to locate four points and plot them on a budget constraint line. Create the graph in Excel and paste onto your Word document answering the questions below. Review the tutorial on creating graphs in Week 01 if you run into any problems. Write a one page response answering the following questions about your graph and tables: 1. How many books and movies would maximize your level of satisfaction given the budget of $60.00? 2. Are the charts above c

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