MrCog Has 18 Hours Per Day to Divide Between Labor

question 20

Multiple Choice

Mr.Cog has 18 hours per day to divide between labor and leisure.If he has a nonlabor income of 40 dollars per day and a wage rate of 6 dollars per hour, he will choose a combination of labor and leisure that allows him to spend

• A)148 dollars per day on consumption.
• B)74 dollars per day on consumption.
• C)94 dollars per day on consumption.
• D)64 dollars per day on consumption.
• E)111 dollars per day on consumption.

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Definitions:

Fleming's Model

A concept in educational psychology that categorizes learners into visual, auditory, reading/writing-preference, and kinesthetic, abbreviated as VARK.

Aural/Auditory

Aural/auditory pertains to the sense of hearing and the perception of sound, relevant in contexts like learning methodologies and audio engineering.

Kinesthetic

Relating to kinesthesia; involving the sense of movement and body position, often used in the context of learning through physical activity.

Goal Orientation

A psychological state that influences how an individual approaches tasks and challenges, focusing on setting and achieving objectives.