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D l Question 4 1 pts Martha spends 5 hours of free time exercising and playing music per day. The table below represents the level

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D l Question 4 1 pts Martha spends 5 hours of free time exercising and playing music per day. The table below represents the level of utility she receives from the various combinations of exercise and music activities. For instance, if she only plays music, her total utility from exercise will be 0, and the utility from music will be 50. If she exercises for 1 hour. she will receive a level of utility 0125. Utility is measured in rutils'; those numbers are arbitrary and designed to quantify the benets received from various actions. Utility for Utility from Exercise Music 0 til 1' U 5 mm 0 so use from 5 hours of _ , hours of music exerCIse 25 til f 1 U S or 45 utils from4 hours of _ . hours of music exercise 40 35 45 20 SO 0 Marginal analysis will help Martha in her decision making regarding how to spend her free time because 0 She will be able to nd the combination of music and exercise which gives her the most total utility 0 She will realize which activity is more important to her. 0 She can compare the gains in utility from exercising to the loss in utility from music to nd the optimum combination, 0 All answers are correct

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