Question: 3 Optimization [2.5 points] Sam is taking a new job and must decide how many hours they'd like to work. Assume that Sam gets enjoyment

3 Optimization [2.5 points] Sam is taking a new job and must decide how many hours they'd like to work. Assume that Sam gets enjoyment from two things: consumption goods 0 and hours of leisure 6. Their utility is given by U (c, l) = 02/ 3131/3. The price of consumption goods is given by PC = 1. Sam's wage in the new job is $15 per hour worked. Assume that Sam has only 80 available hours each week that they can either spend working or on leisure. C Substitution Effect Income Effect

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