Page 1 of 1
There are two shows on Netflix that Jeff can watch, Show 1 and Show 2. Where <1 measures the number of episodes watched
Posted: Wed Mar 09, 2022 8:36 am
by answerhappygod
- There Are Two Shows On Netflix That Jeff Can Watch Show 1 And Show 2 Where 1 Measures The Number Of Episodes Watched 1 (141.5 KiB) Viewed 46 times
There are two shows on Netflix that Jeff can watch, Show 1 and Show 2. Where <1 measures the number of episodes watched of Show 1 and 12 measures the number of episodes watched of Show 2, Jeff's preferences can be represented by (1, 2) = 1 + aut. Jeff has 13 hours available for watching Netflix today. Each episode of Show 1 lasts 30 minutes, while each episode of Show 2 lasts one hour. Draw an indifference curve for Jeff, then answer the following
questions. If rounding is needed, please round to 3 decimal places. a) When a = 2, Jeff optimally watches episodes of Show 1.... (fill in the blank) b) .. and he watches episodes of Show 2. (fill in the blank) When a = 6, Jeff optimally watches episodes of Show 1... (fill in the blank) d) ... and he watches episodes of Show 2. (fill in the blank)