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Problem based on utility function of a worker

Question:

A utility function of a worker is U(C,L) = C * L where C is Consumption and L is Leisure

If the worker has a weekly income of $600 and has 70 hours a week of Leisure, how many additional dollars of income would it take to make the worker work 10 more hours a week?

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Microeconomics: Problem based on utility function of a worker

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Microeconomics: Problem based on utility function of a worker

Reference No:- TGS02093610

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