Maximize the amount of money

Assignment Help Business Economics

Reference no: EM138249

Q. Pham can work as many or as few hours as she wants at the college bookstore for $9 per hour. But due to her hectic schedule, she has just 16 hours per week that she can spend working at either the bookstore or at other possible jobs. One possible job at a cafe will pay her $12 per hour for up to 6 hrs every week. She has another job offer at a garage that will pay her $10 an hour for up to 5 hrs every week. And she has a potential job at a daycare center that will pay her $8.50 per hour for as many hours as she can work. If her goal is to maximize the amount of money she can make every week, explain how many hours will she work at the bookstore?

Reference no: EM138249

Questions Cloud

About tracking the us economy : What is your thought about tracking the U.S. Economy and Unemployment and Inflation.

Explain why purchasing power parity : Explain why purchasing power parity measures of income levels tend to show smaller differences between poor and rich country

Purchase more chips : If Michael is spending all of his money on these 2 snacks which he purchase more chips also less ice cream as well as purchase less chips.

Human failures that led to the disaster : Evaluate whether and to what extent the human failures that led to the disaster can and will be corrected.

Maximize the amount of money : If her goal is to maximize the amount of money she can make every week, explain how many hours will she work at the bookstore.

Per capita disposable income is expected to decrease : Suppose the economy is in a recession and per capita disposable income is expected to decrease by 5%, then what percentage effect on sales would you expect to take place.

Efficiency lost at the boundaries : Why is efficiency lost at the boundaries as when substantially more of one good and very little of another is produced.

Capture of the regulatory agency : Discuss the capture of the regulatory agency and your prediction as to the capture of the replacement regulatory agency and the politicians in the future.

What factors underlie whether specialization in production : What factors underlie whether specialization in production will be partial or complete on an international basis.

User Account

All Pages