Question: Add two columns to your table in Problem 6 and list Maxs marginal utility per dollar from windsurfing and from snorkeling. Hours per day Total
Add two columns to your table in Problem 6 and list Max’s marginal utility per dollar from windsurfing and from snorkeling.
Hours per day | Total utility from windsurfing | Total utility from snorkeling |
1 | 120 | 40 |
2 | 220 | 76 |
3 | 300 | 106 |
4 | 360 | 128 |
5 | 396 | 140 |
6 | 412 | 150 |
7 | 422 | 158 |
Data From Problem 6
Make a table of the combinations of hours spent windsurfing and snorkeling that Max can afford.
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