Use the Following to Answer Questions

Multiple Choice

Use the following to answer questions:
Figure: Rita's Time Allocation Budget Line
-(Figure: Rita's Time Allocation Budget Line) Look at the figure Rita's Time Allocation Budget Line. It is based on 80 hours available for labor and leisure. If her hourly wage doubles, the vertical intercept will be:

A) $1,120.
B) $1,400.
C) $1,600.
D) $2,000.