i am taking managerial macroeconomic and i have a strategy session which i need to read and analyze the session from the book and we need to find one example from todays economy give the company names and situation how it will be related to this this strategy. Please see attached the strategy session the effect of the time constraint on Consumer Behavior and explaining what happen and please provide a example form todays economy how related to this session how give and example solution how they did in this strategy session please provide example relate this strategy session.

I need two paragraph explanation.

THE EQUILIBRIUM MARKET BUNDLE STRATEGY SESSION: The Effect of a Time Constraint on Consumer Behavior For consumers, time can be as important as money But this ignores the time constraint. If she For example, suppose Mildred Evans, an avid sports spends a total of 24 hours per month at baseball and fan who goes regularly to baseball and football games. football games. decides that she can devote no more than 24 hours per 6F + 48 - 24 03.5) month to attending such games and that she can spend no more than $120 per month on baseball and football Why ? Because &F equals the number of hours spent tickets. She lives much closer to the local baseball sta- at football games and & # equals the number of hours dium than to the nearest football stadium, so it takes spent at baseball games, so &F + 48 equals the her 4 hours to see a baseball game but 6 hours to see a total number of hours spent at baseball and football football game. The price of each baseball ticket is $10. games, which must equal 24. From equation 13.51, it and the price of each football ticket is $40. follows that Let B be the number of baseball games and F be F =4 -20/3 the number of football games she attends per month. If she spends a total of $120 per month on tickets, This is the equation for the time constraint, plotted 40F + 108 - 120 in the graph 3.3) To keep within both the time and expenditure Why? Because 40F is the amount spent on football constraints, Mildred must pick a market bundle on tickets, and 108 is the amount spent on baseball Line segment AE or line segment EC in the graph tickets, so 4OF + 108 is the total amount spent per Note that the time constraint cuts down on the num- month on baseball and football tickets, which must ber of feasible market bundles. Given that she wants equal $120. From equation (3.31, it follows that to devote only 24 hours per month to attending base- F - 3 - 8/4 ball and football games, she must be content with 13.4) market bundles along line segment EC rather than This is the equation for the budget line, plotted in the line segment ED, which would be available if there following graph were no time constraint. per maonly The constraint Embed gun per monthj 75