A Worker's Choice with a Higher Wage and Flexible Hours

Figure 3.14 - The Feasible Set for a Worker Earning $15/Hour

Calculating a Consultant's Weekly Allocation

A freelance graphic designer earns $40 per hour for their work. Given that there are 168 hours in a week, if the designer decides to work for 25 hours one week to focus on a personal project, what will be their resulting weekly income and total hours of free time?

Comparing Weekly Allocation Choices

A person has a job that pays a wage of $25 per hour. For every additional hour of free time this person decides to take during the week, their weekly income decreases by ____.

A worker who earns $20 per hour decides to reduce their weekly free time from 138 hours to 128 hours. This change will result in a total weekly income of $800.

An individual earns an hourly wage of $20. Given that there are 168 hours in a week, match each weekly work schedule to the correct combination of total weekly income and remaining free time.

Analyzing Work-Income Scenarios

Analyzing the Impact of Changing Work Hours

Evaluating a Work-Life Plan

The Inverse Relationship Between Free Time and Income