Susan's utility function is U(x, y)= (x + y)R², where x and y are the quantities of goods X and Y that she consumes and R is the number of hours of leisure that she has per day.Good X costs 4 dollars per unit and good Y costs 2 dollars per unit.Her wage rate is 8 dollars per hour and she has 15 hours per day to allocate between labor and leisure.She will A)consume equal amounts of goods X and Y. B)consume 10 units of good X. C)consume 20 units of good Y. D)work 10 hours a day. E)consume twice as much of good X as of good Y.

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The Answer of Susan's utility function is U(x, y)= (x + y)R², where x and y are the quantities of goods X and Y that she consumes and R is the number of hours of leisure that she has per day.Good X costs 4 dollars per unit and good Y costs 2 dollars per unit.Her wage rate is 8 dollars per hour and she has 15 hours per day to allocate between labor and leisure.She will A)consume equal amounts of goods X and Y. B)consume 10 units of good X. C)consume 20 units of good Y. D)work 10 hours a day. E)consume twice as much of good X as of good Y.

Susan's Utility Function Is U(x, Y)= (X + Y)R2, Where

Susan's Utility Function Is U(x, Y)= (X + Y)R², Where