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:

Spirits of Ammonia Capsules

A medicinal preparation containing ammonium carbonate and ammonia, used as a stimulant in cases of fainting or shock.

First Responders

Individuals such as police, firefighters, and emergency medical personnel who are among the first to arrive and provide assistance at the scene of an emergency.

Crash Cart

A mobile trolley equipped with emergency medical supplies and equipment necessary for lifesaving procedures, often found in hospitals.

Medical Emergency

An injury or illness that is acute and poses an immediate risk to a person’s life or long-term health.