Refer to the Following Table A) Work 4 Hours and Play 2 Hours When Her

question 52

Multiple Choice

Refer to the following table. If Jane's hourly wage rose from $2 per hour to $4 an hour and Jane had 6 hours to work or play, Jane would: $\begin{array}{l}\begin{array}{|c|c|c|c|}\hline\text { Spending}&\text { Total Utility of spending(\$) }&\text { Hours of leisure }&\text { Total utility of leisure }\\\hline \$ 2 & 60 & 1 & 30 \\\hline \$ 4 & 110 & 2 & 54 \\\hline \$ 6 & 148 & 3 & 70 \\\hline \$ 8 & 172 & 4 & 78 \\\hline \$ 10 & 180 & 5 & 78 \\\hline \$ 12 & 186 & 6 & 70 \\\hline\end{array}\end{array}$

• A) work 4 hours and play 2 hours when her wage is $2/hour but then work 3 hours and play 3 hours when her wage is $4 an hour.
• B) work 4 hours and play 2 hours when her wage is $2/hour but then work 6 hours when her wage is $4 an hour.
• C) not work at $2 an hour and not play at $6 an hour.
• D) not play at either wage.

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Definitions:

Need

A basic requirement or necessity for survival and well-being of individuals or communities.