Problem
1. Draw a graph that illustrates a rational model for deciding how much time you should spend studying environmental economics today.
2. Hugo loves to plant flowers in his garden. Explain, using words and a graph, why it would be unwise for him to select the quantity of flowers that maximizes his marginal utility.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.