In problem 20-12, if the consumer's income rises to $190 per week, what new quantities characterize the new consumer optimum?
20-12 Refer to the following table for a different consumer and assume that each week this consumer buys an only weekly subscription to economic statistic apps subscriptions to office productivity apps. The price of a subscription to each type of economic statistic app is $2 per week, and the price of a subscription to each office productivity app is $60 per week. If the consumer's available income is $128 per week, what quantity of each item will the individual purchase each week at a consumer optimum?
Content information:
Consumer optimum occurs at a point where the affordable bundle of goods provides the consumer a higher level of satisfaction.
At the consumer optimum
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