Suppose Bob can earn $10 per hour working at a gas station. He has 12 hours a day available to work, but really prefers spending that time watching...

Suppose Bob can earn $10 per hour working at a gas station. He has 12 hours a day available to work, but really prefers spending that time watching the Amazing Race (including re-runs). He also enjoys eating chips, which cost $1 per bag. He has no other income available to him. Bob’s utility function is defined byWhere C represents the number of bags of chips and A represents the hours spent watching the Amazing Race.a)