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Suppose That Wilma's Utility Function Is Given by U(E)= 100

Question 4

Multiple Choice

Suppose that Wilma's utility function is given by U(E) = 100 - 2E2,
Where E = Wilma's work effort in producing homemade dinners,measured in hours per day.If Wilma is forced to work an 8-hour day producing homemade dinners,her total utility will be:


A) 100.
B) -28.
C) -128.
D) 228.
E) none of the above.

Correct Answer:

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