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There are two shows on Netflix that Jeff can watch, Show 1 and Show 2. Where ₁ measures the number of episodes watched o
Posted: Wed Jul 06, 2022 6:24 pm
by answerhappygod
- There Are Two Shows On Netflix That Jeff Can Watch Show 1 And Show 2 Where Measures The Number Of Episodes Watched O 1 (36 KiB) Viewed 21 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 2 measures the number of episodes watched of Show 2, Jeff's preferences can be represented by u(x1, x2) = x² + ax². Jeff has 9 hours available for watching Netflix today. Each episode of Show 1 lasts hours, while each episode of Show 2 lasts 1 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) c) 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)