Assume that the market wage is equal to 10 per hour. Furthermore, assume that a given individual is endowed with 16 hours of time. Furthermore, assume that an individual who does not work receives 50 in benefits. Finally, assume that the benefits are reduced by 5 dollars for every 10 dollars earned. What is the total income of an individual who chooses to work for 4 hours? O 40 30 0 70 None of the above