Question

22) Dave has a week's worth of hours (168) to allocate between hours of leisure and dollars of consumption (paid for by giving up hours of leisure to work). He can earn $10 per hour, and has nonlabour income from investments of $168 per week. If his consumption-leisure budget constraint is plotted with leisure on the horizontal axis, the absolute value of its slope equals A) 16.8 B) 10 C) 11 D) 1.1 E) 0.1