Question: Your utility function is = u(s,b)=bs 4sb where s is the number of hours you sleep and b is the number of hours you watch
Your utility function is = u(s,b)=bs 4sb where s is the number of hours you sleep and b is the number of hours you watch baseball. Your current plan is to sleep for 7 hours and watch baseball for 4 hours. You are considering decreasing the number of sleeping hours by a small amount x. By how much would you have to increase the number of hours of watching baseball in order to obtain the same utility as before: a)1.6x b)1.1x c)0.9x d)2.1x e)x
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