Answer to Question #112187 in Microeconomics for Jay

Question

In his leisure time, Abed loves to watch television, and luckily for him, we live in the golden age of television with a functionally endless supply of surprisingly good television. Abed also eats snacks, because he gets hungry, but that’s just about all that Abed does.

We could describe Abed’s preferences using a utility function over snacks (s) and leisure (l) as

Answer 1

U(s,l)=0.5s^0.75 +1.5L

The two derive a combinational utility