How many hours of leisure he should give up

Reference no: EM132196615

Question: Ivan had 200 rubles from his parents weekly. Since this week Ivan will start to get 1000 rubles weekly from parents and grandmother. At the same time Ivan decided to work 20 hours per week and he will be paid 500 rubles per hour. How many hours of leisure he should give up in order to get the maximum utility from work?

Reference no: EM132196615

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