Max Has $35 a Day to Spend,and He Can Spend

question 25

Multiple Choice

Max has $35 a day to spend,and he can spend as much time as he likes on his leisure pursuits.Windsurfing equipment rents for $10 an hour,and snorkeling equipment rents for $5 an hour.If Max equalizes the marginal utility per hour from windsurfing and from snorkeling,he

• A)maximizes his total utility.
• B)can increase his total utility by spending less time windsurfing and more time snorkeling.
• C)can increase his total utility only if the price of windsurfing equipment rentals decreases.
• D)can increase his total utility by spending more time windsurfing and less time snorkeling.
• E)maximizes his marginal utility per dollar.

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