What Is Sarah's Total Utility If She Works 8 Hours

question 30

Multiple Choice

What is Sarah's total utility if she works 8 hours and spends all her earned income but not her initial wealth (assume her time endowment,T,is a day,so T = 24 hours) ?

• A) 11 utils
• B) 72 utils
• C) 100 utils
• D) 101 utils
• E) 150 utils

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Definitions:

Leadership Competencies

Refer to the skills and behaviors that contribute to superior leadership performance.

Knowledge of the Business

Knowledge of the Business involves understanding the internal and external factors that affect a company's operations, including its industry, market, and organizational structure.

Path-goal Theory

A leadership theory that suggests a leader's behavior is contingent to the satisfaction, motivation, and performance of their subordinates.

Expectancy Theory

A theory of motivation that proposes an individual's behavior is determined by their expected outcomes and the value they place on those outcomes.