Question: Let time will be given as 80 hour and wage is $4/ hr Suppose Utility function be U = r.c a) Calculate Working Hour b)

Let time will be given as 80 hour and wage is $4/ hr Suppose Utility function be U = r.c a) Calculate Working Hour b) If overtime wage is $6/hr then Calculate total number of working hours, Overtime work and total consumption.

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9. How much of the information collected will be used in decision-making?

1. Background knowledge of the subject and

4. What specific changes in the environment have taken place in relation to the information we have collected?