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Felix loves steaming shows on two platforms, A and B. He is willing to substitute 2 hours spent on A for 3 hours spent on
Felix loves steaming shows on two platforms, A and B. He is willing to substitute 2 hours spent on A for 3 hours spent on B. Let xA denote his time spent on A and xB denote his time spent on B.
Let pA denote platform A's price of streaming service and pB denote platform B's price of streaming service. Felix's budget is denoted as m. Derive his demand functions xA(pA, pB , m) and xB (pA, pB , m)
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