If you allocate your time between attending classes and practicing for an upcoming game, you will maximize your total utility by choosing a bundle in which the
A) marginal utility from each activity is maximized.
B) total utility per hour from each activity is equal.
C) total utility from each activity is equal.
D) marginal utility per hour from each activity is equal.

Question

Quizplus · Accepted Answer

To maximize total utility when allocating time between two activities, the principle of equal marginal utility per hour should be applied. This means that the last unit of time spent on each activity should yield the same amount of additional satisfaction or utility, ensuring an optimal allocation of time between the activities.

If You Allocate Your Time Between Attending Classes and Practicing