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Molly attends college and works part-time job as a telemarketer. She can work up to 40 hours each week at her job, which pays $8 per hour. The table below shows her utility from different levels of leisure and income. Molly is currently working 20 hours per week. If she decides to work 30 hours instead, then her marginal utility loss from having less leisure is:

Molly Attends College And Works Parttime Job As A Telemarketer She Can Work Up To 40 Hours Each Week At Her Job Which Pays 8 Per Hour The Table Below Shows Her class=

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Answer:

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Molly is currently working 20 hours per week. If she decides to work 30 hours instead, then her marginal utility loss from having less leisure is 34 option B.

What is leisure?

Leisure Technology, Inc. is worried in all stages of the improvement and advertising and marketing of deliberate person retirement groups in NJ, NY, CA and FL.

When molly makes a choice to artwork for 30 hours, she is taking component in enjoyment of the best 10 hours. From this amount of enjoyment, she is receiving a whole utility of 34. It has reduced from 56 to 34, showing a loss of 22 utils. Since the utility from enjoyment now might be 34 utils, it want to be the ideal choice

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