Answer to Question #296049 in Microeconomics for LALA

Question

The total earnings of a worker are represented by E = 100 + $10(24−L), where E is earnings and L is the number of hours of leisure. How much will the worker earn if he takes 14 hours of leisure per day? Show solutions.

Answer 1

Given that, $E = 100 + 10(24−L),$ where E is earnings and L is the number of hours of leisure, we need to determine the worker's earnings if the worker takes a leisure of 14 hours per day.

To determine the worker's earnings, we shall substitute for $L=14$ in the given equation. So, when $L=14$,

$E=(100+10(24-14))=100+100=\$200$.

Therefore, when a worker takes a leisure of 14 hours, he earns $\$200$.