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Business, 11.02.2020 16:23 kamkam5791

You have the option to play tennis or a round of golf (but not both). The tennis match requires you to take 2 hours off from work and the round of golf requires you to take 4 hours off from work. Playing tennis has value to you equal to $40, while golf has value to you equal to $95. Tennis courts are publicly available at no cost, but golf costs $40 per round. Suppose your wage from working is $6 per hour.

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