There are two shows on Netix that Jeff can watch, Show 1 and Show 2. Where x1 measures the number of episodes watched of Show
There are two shows on Netix that Jeff can watch, Show 1 and Show 2. Where x1 measures the number of episodes watched of Show 1 and x2 measures the number of episodes watched of Show 2, Jeff's preferences can be represented by u(x1, x2) = x? + ax? Jeff has 15 hours available for watching Netflix today. Each episode of Show 1 lasts 30 minutes, while each episode of Show 2 lasts one hour. Draw an indifference curve for Jeff, then answer the following questions. If rounding is needed, please round to 3 decimal places. a) When a = 2, Jeff optimally watches _ episodes of Show 1 ..... (ll in the blank) E b) and he watches _ episodes of Show 2. (ll in the blank) c) When a = 6, Jeff optimally watches _ episodes of Show 1 ..... (ll in the blank) d) and he watches _ episodes of Show 2. (ll in the blank)
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