A maximizing worker is paid a wage of 10 dollars per hour and a non-labour salary of 160 dollars per day. She has preferences for leisure and food defined by u(z, f) = z1/2f1/2. How many hours will she work?

A maximizing worker with u(z, f) = z1/2f1/2earns 60 dollars per day in non-labour income and is paid a wage of 5 dollars per hour. How many hours will she work. If she joins a union she will be paid a wage of 20 dollars per hour but she will have to pay a membership fee. What is the maximum daily fee she would pay to join this union?

A utility maximizing saver has u(f1, f2) = f11/2f21/2 and earns m1 = 90, m2 = 90. She can save at an interest rate of 25 percent. If she hires an investment advisor she can save at an interest rate of 80 percent. What is the most that she would pay in fees to this advisor?

A utility maximizing worker has a budget line with a vertical intercept of 600 dollars and a horizontal intercept of 30 hours. How much non-labour income does this person earn?