Solved: What is the price of a concert ticket, Microeconomics

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What is the price of a concert ticket

Problem

Natasha's marginal rate of substitution for concerts with films, MRSCF, is F/C, where C stands for the number of concerts and F stands for the number of films. Natasha's income is $100 per month. Suppose she buys twice as many fi lm tickets as concert tickets. If the price of a fi lm ticket is $4, what is the price of a concert ticket?

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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