Refer to the table below. If the subscription price for a sports app is $2 per week, the subscription price of a game app is $1 per week, and a student has $9 per week to spend, what quantities will she purchase at a consumer optimum? Quantity of Sports Apps per week Marginal Utility (utils) Quantity of Game Apps per Week Marginal Utility (utils) 1 1,200 1 1,700 2 1,000 2 1,400 3 800 3 1,100 4 600 4 800 5 400 5 500 6 100 6 200

Q: Explain and differentiate preference and utility.

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A: PLease check the step 2 for solution

Q: Quantity Marginal Utility Total Price Demanded Utility $14 1 $12 2 $10 $8 $6 2 m4 5

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