Sofia's Utility Is a Function of Golf (G) and Music

question 22

Multiple Choice

Sofia's utility is a function of golf (G) and music lessons (M) , where MU_G = 1/G and MU_M = 1/M. What is the equation for the marginal rate of substitution of music lessons for golf (MRS_GM) ?

• A) GM
• B) M/G
• C) G/M
• D) M - G

---

Definitions:

Passion

A strong, intense emotion or enthusiasm for something, often driving motivation and commitment towards a particular activity or goal.

Adequate Compensation

Fair and sufficient remuneration or payment to employees for their work, often considered in terms of meeting their basic needs and recognizing their contributions.

Ethical Leadership

A form of leadership in which individuals demonstrate conduct for the common good that is both ethical and effective.

Long-Term Valuation

Assessing the worth or potential future value of assets, investments, or companies over an extended period.