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Larry Attends College and Works Part-Time Job in a Grocery

Question 54

Multiple Choice

Larry attends college and works part-time job in a grocery store. He can work up to 30 hours each week at his job, which pays $9 per hour. The table below shows his utility from different levels of leisure and income. Larry's utility maximizing choice is to work for:
Larry attends college and works part-time job in a grocery store. He can work up to 30 hours each week at his job, which pays $9 per hour. The table below shows his utility from different levels of leisure and income. Larry's utility maximizing choice is to work for: A) 2.5 B) 15 C) 20 D) 10


A) 2.5
B) 15
C) 20
D) 10

Correct Answer:

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