Question
Marginal utility of productivity isMUp= pwhere p is amount of hours being productive. Marginal utility of procrastination isMUr= r, wherer is the number of hours
Marginal utility of productivity isMUp= pwhere p is amount of hours
being productive. Marginal utility of procrastination isMUr= r, wherer is the number of
hours spent procrastinating. If procrastination's price is $3 and productivity's price is $2
(i.e.,Pr=4Pp)how many more hours will this person spend procrastinating rather thanbeing productive? (i.e., find r/p)?
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Managing in a Global Economy Demystifying International Macroeconomics
Authors: John E. Marthinsen
2nd edition
128505542X, 978-1305176157, 1305176154, 978-1285055428
