Use the following data to work Problems 1 to 3. Max has $35 a day to spend on windsurfing and snorkelling and he can spend as much time as he likes doing them. The price of renting equipment for windsurfing is $10 an hour and for snorkelling is $5 an hour. The table shows the total utility Max gets from each activity. Hours per day Total Utility from windsurfing MU from windsurfing MU per dollar spent on windsurfing Total Utility from snorkelling MU from snorkelling MU per dollar spent on snorkelling 1 120 40 2 220 76 3 300 106 4 360 128 5 396 140 6 412 150 7 422 158 1. Calculate Max's marginal utility from windsurfing and snorkelling at each number of hours per day. Does Max's marginal utility from windsurfing and snorkelling obey the principle of diminishing marginal utility? 2. Fill the table below that shows all the combinations of hours spent windsurfing and snorkelling that Max can afford (remember his budget is $35). Hours windsurfing MU per dollar from windsurfing Hours snorkelling MU per dollar from snorkelling 3. Find the best combination