Question
Beatrice likes watching TV shows and movies. We can label the combination of TV shows and movies she watches in a week as(,)(xs,xm), wherexsis TV
Beatrice likes watching TV shows and movies. We can label the combination of TV shows and movies she watches in a week as(,)(xs,xm), wherexsis TV shows andxmis movies. Last week, Beatrice watched four shows and four movies. The function=16xm=16xsrepresents all the possible bundles(,)(xs,xm)such that Beatrice is indifferent between (4,4) and(,)(xs,xm). If Beatrice watches only one TV show, how many movies would she watch to be just indifferent with (4,4)? If Beatrice watches only one movie, how many TV shows would she watch to be just indifferent with (4,4)
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