Question: Angie has 100 hours per week to split between work and leisure. She earns $10 per hour. The table below shows how her utility changes


Angie has 100 hours per week to split between work and leisure. She earns $10 per hour. The table below shows how her utility changes as she either works 20 hours more or 20 hours less than she did before. Margina Work Total 1 Utility Hour Utility for Fill in the missing figures in the table above. Does Angie experience declining marginal utility for working, as her hours increase? YES I NC Does she experience declining marginal utility for relaxing, as her hours increase? YES I NO If Angie wants to maximize her utility. how many hours should she work, and how many hours should she spend at leisure? What is the maximum utility that she achieves at this point? Work Hours: Leisure Hours: Maximum Utility
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