In Addition to Going to College, Jerry Works Thirty Hours

question 3

Multiple Choice

In addition to going to college, Jerry works thirty hours a week at a warehouse and takes care of his young daughter. He gets financial aid to help pay for college, and his mother and sister babysit his daughter when he's at work or school. Unfortunately, Jerry has difficulty finding time to complete all his assignments, hold down his job, and tend to his family commitments. Most nights he only gets a few hours of sleep, and no matter how hard he tries, he can't do everything he needs to do. Which strategy will BEST help Jerry deal with being overextended?

• A) dropping a course after midterms
• B) multitasking by studying while he works
• C) spending more time with his daughter
• D) focusing on what he can manage

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Definitions:

Utility Function

A mathematical representation of how individual preferences or consumption bundles yield levels of satisfaction or utility.

Budget Constraint

A representation of all the combinations of goods and services a consumer can afford to buy given their income and the prices of the goods.

Income

Regular payments or earnings received from labor or investments.

Nuts

Edible seeds enclosed in a hard shell, often used in the context of food and nutrition.