Multiple Choice
Steve is planning to divide his study time between English and calculus.It will take him two hours of study for each extra point in calculus and one hour of study to raise his English score by one point.He should allocate his time so that
A) the marginal utility of an hour spent studying calculus is twice the marginal utility of an hour spent studying English
B) the marginal utility of an hour spent studying English is twice the marginal utility of an hour spent studying calculus
C) the marginal utility per hour spent studying calculus equals the marginal utility per hour spent on English
D) he spends twice as much time on calculus as on English
E) he spends twice as much time on English as on calculus
Correct Answer:
Verified
Correct Answer:
Verified
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