Solved: Max has 35 a day to spend on windsurfing and snorkelling, Microeconomics

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Max has 35 a day to spend on windsurfing and snorkelling

Question: Max has $35 a day to spend on windsurfing and snorkelling and he can spend as much time as he likes doing them. The price of renting equipment for windsurfing is $10 an hour and for snorkelling is $5 an hour. The table shows the total utility Max gets from each activity.

Hours per day Total utility from Total utility from
windsurfing snorkelling

1 120 40

2 220 76

3 300 106

4 360 128

5 396 140

6 412 150

7 422 158

Which does Max enjoy more: his 6th hour of windsurfing or his 6th hour of snorkelling?

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Microeconomics: Max has 35 a day to spend on windsurfing and snorkelling

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Microeconomics: Max has 35 a day to spend on windsurfing and snorkelling

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