Irene earns 8 dollars an hour.She has no nonlabor income.She has 30 hours a week available for either labor or leisure.Her utility function is U(c, r)= cr², where c is dollars worth of goods and r is hours of leisure.How many hours per week will she work? A)8 B)13 C)15 D)10 E)None of the above.

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The Answer of Irene earns 8 dollars an hour.She has no nonlabor income.She has 30 hours a week available for either labor or leisure.Her utility function is U(c, r)= cr², where c is dollars worth of goods and r is hours of leisure.How many hours per week will she work? A)8 B)13 C)15 D)10 E)None of the above.

Irene Earns 8 Dollars an Hour