Table 8.2.1 Refer to Table 8.2.1, which shows Sam's utility from ...

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 Table 8.2.1

Refer to Table 8.2.1, which shows Sam's utility from sailing and skiing. If the price of sailing is $10 per hour, the price of skiing is $20 per hour, and Sam has $80 of income to spend on these activities, what is his consumer equilibrium?

2 hours and ski for 4 hours.

0%

3 hours and ski for 2 hours.

0%

4 hours and ski for 2 hours.

0%

4 hours.

0%

8 hours.

0%

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