Scenario 21-2 Lawrence Has Recently Graduated from College with a Degree in Degree

question 480

Multiple Choice

Scenario 21-2
Lawrence has recently graduated from college with a degree in journalism and economics. He has decided to pursue a career as a freelance journalist writing for business newspapers and magazines. Lawrence is typically awake for 112 hours each week (he sleeps an average of 8 hours each day) . For each hour Lawrence spends writing, he can earn $75. Lawrence is such a good writer that he can get paid for as many hours of writing as he chooses to work.
-Refer to Scenario 21-2. If Lawrence decides to spend 80 hours a week playing volleyball on the beach and the rest of his time writing, how much income will he have available to spend on consumption goods?

• A)$900
• B)$1,500
• C)$2,400
• D)$3,000

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Definitions:

Auxiliary Supported Run-Flat

A type of run-flat tire design that includes additional support structures to allow a vehicle to continue driving at reduced speeds even after the tire has lost all air pressure.

Self-Supporting Run-Flat

A tire design that allows a vehicle to continue to be driven for a limited distance with no air pressure due to reinforced sidewalls.

Support Ring

A ring-shaped component used to reinforce or secure the position of another part within a system.

Tire Size Markings

Notations on a tire sidewall indicating its dimensions, load capacity, speed rating, and other characteristics.