May's Utility Function Is , Where C Is Dollars

question 49

Essay

May's utility function is , where C is dollars spent on goods other than housecleaning, D is the number of hours per day that somebody spends cleaning her house, H is the number of hours per day May spends cleaning her house, and J is the number of hours per day May spends working at her job. All May's income comes from her job. She can work as many hours a day as she wishes at a wage of $7 an hour.
a. If she cannot hire anyone to do her housecleaning, how many hours will she spend on the job and how many hours will she spend housecleaning?
b. If she can hire a housecleaner at $5 an hour, how many hours will she work on her job, how many hours of housecleaning will she hire, and how many hours will she clean house?

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Definitions:

Franklin V. Gwinnett

Franklin v. Gwinnett County Public Schools was a United States Supreme Court case that affirmed the right of plaintiffs to recover damages under Title IX of the Education Amendments of 1972 for intentional sex discrimination.

Title IX

A federal civil rights law in the United States that prohibits sex-based discrimination in any school or other education program that receives federal money.

Monetary Damages

Compensation that a court orders one party to pay another, usually in the form of money, for causing financial loss through unlawful action.

1972 Education Act

The 1972 Education Act, often associated with Title IX of the Education Amendments, is a federal law that prohibits gender discrimination in educational programs and activities receiving federal financial assistance.