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Suppose a global pandemic makes travel more difficult and lowers the marginal utility of vacation time but does not affect the marginal utility of buying

Suppose a global pandemic makes travel more difficult and lowers the marginal utility of vacation time but does not affect the marginal utility of buying stuff. If a company is trying to maximize the total utility of its employees, the company will want to

decrease vacation time and bonuses

reduce vacation time and increase bonuses

not change anything

increase vacation time and decrease bonuses

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