Consider Devon's total utility from snorkeling and windsurfing in Table 8.3.1.Suppose Devon's total income is $35.If the price of windsurfing rises to $20 per hour,how long does Devon choose to windsurf and to snorkel?
A)1 hour of windsurfing and 3 hours of snorkeling
B)2 hour of windsurfing and 7 hours of snorkeling
C)3 hours of windsurfing and 5 hours of snorkeling
D)4 hours of windsurfing and 3 hours of snorkeling
E)5 hours of windsurfing and 1 hour of snorkeling

Question

Quizplus · Accepted Answer

Without the specific details from Table 8.3.1, it's impossible to directly calculate or infer the correct answer. However, the choice is based on the principle that individuals allocate their budget to maximize total utility, considering the prices of activities and their total income.

Consider Devon's Total Utility from Snorkeling and Windsurfing in Table