Ms Katrina has eighteen hours available per day to allocate between Leisure and work. She has N$100 non - labour income and her wage rate per hour is N$25.00.  a) Contract budget constraint equation                                                            b) Draw a budget line and make sure to include intercepts                            c) Calculate the slope of the budget line                                                          d) If Ms Katrina's utility function is , what combination of Leisure hour and income that will help to maximize her utility?

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Ms Katrina has eighteen hours available per day to allocate between Leisure and work. She has N$100 non - labour income and her wage rate per hour is N$25.00. 

a) Contract budget constraint equation                                                          

 b) Draw a budget line and make sure to include intercepts                            c) Calculate the slope of the budget line                                                          d) If Ms Katrina's utility function is , what combination of Leisure hour and income that will help to maximize her utility? 

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