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 8.2.1

-Consider Devon's total utility from snorkeling and windsurfing in Table 8.2.1. 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

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 8.2.1
 
-Consider Devon's total utility from snorkeling and windsurfing in Table 8.2.1. 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

Quizplus · Accepted Answer

Devon can spend $20 on 1 hour of windsurfing and $15 on 3 hours of snorkeling, totaling $35, which maximizes his utility given the budget constraint.

Use the Table Below to Answer the Following Questions