How you reallocate your fixed income between two activities, Microeconomics

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How you reallocate your fixed income between two activities

Problem

Suppose you currently spend your weekly income on movies and video games such that the marginal utility per dollar spent on each activity is equal. If the price of a movie ticket rises, how will you reallocate your fixed income between the two activities? Why?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How you reallocate your fixed income between two activities

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Microeconomics: How you reallocate your fixed income between two activities

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