Use the information in Problem 25. Cindys tennis club raises its price of an hour of tennis

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Use the information in Problem 25. Cindy€™s tennis club raises its price of an hour of tennis to $10. The price of golf remains at $10 per hour and Cindy continues to spend $70 on tennis and golf.
Use the information in Problem 25. Cindy€™s tennis club raises

a. List the combinations of hours spent playing golf and tennis that Cindy can now afford.
b. Along with the combinations in part (a), list Cindy€™s marginal utility per dollar from golf and from tennis.
c. How many hours does Cindy now spend playing golf and how many hours does she spend playing tennis?

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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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