For an individual whose satisfaction depends on free time and consumption (where more of each is preferred), the small increments formula implies that if they reduce their free time by one small unit, their overall satisfaction will remain constant as long as they also increase their consumption by exactly one small unit.
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For an individual whose satisfaction depends on free time and consumption (where more of each is preferred), the small increments formula implies that if they reduce their free time by one small unit, their overall satisfaction will remain constant as long as they also increase their consumption by exactly one small unit.
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