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Terry attends college and works part-time in a drug store. She can work up to 40 hours each week and is paid $9 per hour.
Terry attends college and works part-time in a drug store. She can work up to 40 hours each week and is paid $9 per hour. The following table shows her utility from different levels of leisure and income.
work hours Income total Utility from Income Marginal Utility from Income
5 45 35
10 90 59
15 135 77
20 180 86
25 225 92
30 270 98
35 315 103
40 360 107
Fill in the Marginal Utility columns above for the Marginal Utility from Income
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