l Leslie works from home as an IT consultant and consumes only two goods: work (W), which is measured in hours, and consumption (C), which is measured in dollars. Normally she works 50 hours a week and is paid $26 per hour. However, she can be contracted for an additional 30 hours a week at $44 per hour. Leslie cannot work for more than 80 hours a week. For all following questions, round answers to 3 decimal places where necessary. a) (05 marks) What is the maximum consumption available to Leslie if she works 45 hours a week? H b) (0.5 marks) What is the minimum number of hours Leslie must work to attain $130 of consumption? U c) (0.5 marks) At which level of consumption does the kink in the budget line occur? H d) (1 mark) What is the maximum consumption available to Leslie if she works 80 hours a week? H e) (0.5 marks) What is the minimum number of hours Leslie must work to attain $1696 of consumption a E n: t'D 7? a Suppose, in parts ( f) to ( h ), that the government subsidises workers' wages at $3 for every hour worked. f) (0.5 marks) At what level of consumption does the kink in this new budget line occur? H g) (05 marks) What is the maximum consumption available to Leslie if she works 80 hours a week given this subsidy? U h) (1 mark) How many hours fewer does Leslie need to work to attain the maximum level of consumption she could achieve before the subsidy? U