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

question 431

Multiple Choice

Scenario 21-2
Fred 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. Fred is typically awake for 112 hours each week (he sleeps an average of 8 hours each day) . For each hour Fred spends writing, he can earn $75. Fred 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 Fred's wage increases to $90 per hour of writing,which of the following points would fall on his budget constraint?

• A) 75 hours of leisure, $2,775 of consumption
• B) 80 hours of leisure, $2,400 of consumption
• C) 85 hours of leisure, $2,430 of consumption
• D) 90 hours of leisure, $1,650 of consumption

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Definitions:

Physical Attractiveness

The degree to which a person's physical features are considered aesthetically pleasing or beautiful.

Passionate Love

A state of intense longing for union with another, characterized by high levels of arousal and emotional investment in the relationship.

Affectionate Love

A type of love characterized by a deep sense of care, intimacy, and closeness, often found in close relationships and friendships.

Romantic Love

An intense and deep affection towards a partner, which is characterized by emotional bonding and physical attraction.