Question: Car - owners value gasoline because it allows them to produce travel services according to s = 1 + g , where s denotes travel

Car-owners value gasoline because it allows them to produce travel services according to s =1+ g,
where s denotes travel services produced, g denotes liters of gasoline. The car-owners can always choose
to produce travel services by walking (which costs nothing), in which case, g =0, s =1. Car-owners
derive utility from travel services via the utility function

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