Scenario 21-2
Aliyah has recently graduated from college with a degree in journalism and economics. She has decided to pursue a career as a freelance journalist writing for business newspapers and magazines. Aliyah is typically awake for 119 hours each week (she sleeps an average of seven hours each day) . For each hour Aliyah spends writing, she can earn $75. Aliyah is such a good writer that she can get paid for as many hours of writing as she chooses to work.
-Refer to Scenario 21-2. If Aliyah decides to spend 60 hours a week playing volleyball on the beach and the rest of her time writing, how much income will she have available to spend on consumption goods?
A) $4,500
B) $8,925
C) $4,425
D) $750
Correct Answer:
Verified
Q178: Figure 21-10 Q179: Figure 21-11 Q180: Table 21-2 Q181: When the price of a normal good Q182: Figure 21-13 Q184: Ryan experiences an increase in her wages. Q185: Figure 21-14 Q186: Consider the indifference curve map and budget Q187: When Joshua's income increases, he purchases more Q188: Figure 21-13 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A consumer likes two goods: