Use the Table Below to Answer the Following Questions

question 88

Multiple Choice

Use the table below to answer the following questions.
Windsurfing equipment rents for $10 per hour and snorkeling equipment rents for $5 per hour.
Table 8.3.1
-Devon enjoys windsurfing and snorkeling.His total utility from each activity is summarized in Table 8.3.1.Devon has $35 to spend.How long will Devon choose to windsurf and to snorkel?

• A)1 hour windsurfing and 5 hours snorkeling
• B)2 hours windsurfing and 3 hours snorkeling
• C)3 hours windsurfing and 1 hour snorkeling
• D)4 hours windsurfing and no hours snorkeling
• E)2 hour windsurfing and 4 hours snorkeling

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Definitions:

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The process of gathering, analyzing, and using information collected on competitors, customers, and other market factors to help a company make better business decisions.

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