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Leisure Hours
Total Utility from Leisure
Work Hours
Income
TU from Income
Total Utility from Both
(1)
(2)
(3)
(4)
(5)
(6)=(5)+(2)
0
0
40
360
107
107
5
18
35
315
103
121
10
34
30
270
98
132
15
48
25
225
92
140
20
56
20
180
86
142
25
60
15
135
77
137
30
65
10
90
59
124
35
69
5
45
35
104
40
72
0
0
0
72
Terry has total of 40 hours including leisure as well as work hours. Reversing the order of the
three columns namely work hours (Col. no 3), Income (Col. No. 4) and TU from income (Col.
No. 5) so that more work leads to higher income and more leisure results in less work and lesser
income. You can add up columns two and five to find that her total utility from both leisure and
income corresponding to 20 work hours would come out to be 142.
The correct option is (a) 142.
Leisure Hours
Total Utility from Leisure
Work Hours
Income
TU from Income
Total Utility from Both
(1)
(2)
(3)
(4)
(5)
(6)=(5)+(2)
0
0
40
360
107
107
5
18
35
315
103
121
10
34
30
270
98
132
15
48
25
225
92
140
20
56
20
180
86
142
25
60
15
135
77
137
30
65
10
90
59
124
35
69
5
45
35
104
40
72
0
0
0
72
Solution
Leisure Hours
Total Utility from Leisure
Work Hours
Income
TU from Income
Total Utility from Both
(1)
(2)
(3)
(4)
(5)
(6)=(5)+(2)
0
0
40
360
107
107
5
18
35
315
103
121
10
34
30
270
98
132
15
48
25
225
92
140
20
56
20
180
86
142
25
60
15
135
77
137
30
65
10
90
59
124
35
69
5
45
35
104
40
72
0
0
0
72
Terry has total of 40 hours including leisure as well as work hours. Reversing the order of the
three columns namely work hours (Col. no 3), Income (Col. No. 4) and TU from income (Col.
No. 5) so that more work leads to higher income and more leisure results in less work and lesser
income. You can add up columns two and five to find that her total utility from both leisure and
income corresponding to 20 work hours would come out to be 142.
The correct option is (a) 142.
Leisure Hours
Total Utility from Leisure
Work Hours
Income
TU from Income
Total Utility from Both
(1)
(2)
(3)
(4)
(5)
(6)=(5)+(2)
0
0
40
360
107
107
5
18
35
315
103
121
10
34
30
270
98
132
15
48
25
225
92
140
20
56
20
180
86
142
25
60
15
135
77
137
30
65
10
90
59
124
35
69
5
45
35
104
40
72
0
0
0
72

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