Think about your favorite activities (at least two) during weekend when you are not working.

(1) Make a table that shows your affordable combinations of hours spent in such activities assuming your budget is $100 and using the prices( you assumed) of the two activities.

(2) Make a table that shows TU and MU of both activities.

(3) Use the information you provided to determine how much you would buy of each activity.

(4) Assume that the price of one activity increased; determine how much you would buy of each activity.

(5) Explain why, if you equalized the marginal utility per hour of activity 1and activity 2, you would not maximize your utility.