Question

In deciding how many hours to work, Beulah will make a choice that maximizes her _______; that is, she will choose according to her preferences for leisure time and income. Group of answer choices

Answer 1

Correct Answer:

Utility

Step-by-step explanation:

In her expectation to work for few hours, it was expected that, she would make a choice that would maximize her utility. That is, her usefulness to that particular task. Her free time and income preferences would determine that.