(Answered) In may and june michael spent all his drinking budget on

Economics

In May and June, Michael spent all his drinking budget on drinking Soju and Scotch Whiskey. Each soju budget $3. At Michael's optimal choice, his marginal utility from the last Soju purchased is 300 and his marginal utility from the last Scotch Whiskey purchased is 400. This means that each Scotch Whiskey must cost.

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