[Answer] An individual has 8 hours to spare. He has to divide his time between two activities: reading and writing. Which of the following allocations will exactly satisfy the individual’s budget constraint?A) 3 hours of reading and 4 hours of writingB) 4 hours of reading and 6 hours of writingC) 2 hours of reading and 2 hours of writingD) 5 hours of reading and 3 hours of writing

Answer: D) 5 hours of reading and 3 hours of writing
An individual has 8 hours to spare. He has to divide his time between two activities: reading and writing. Which of the following allocations will exactly satisfy the individual’s budget co…

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