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If the wage-hours combinations are limited to 2 options, full-time (work 40 hours and C=500) and overtime (work 50 hours and C=650), which would this
If the wage-hours combinations are limited to 2 options, full-time (work 40 hours and C=500) and overtime (work 50 hours and C=650), which would this agent choose? Assume the utility function is U=CL and they have 110 hours in their budget. Multiple choice question. Overtime; their utility is 32500 Full-time; their utility is 35000 Full-time; their utility is 20000 Overtime; their utility is 39000
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