The consumer's utility function for Consumption (C) and Leisure (L) is given as U(C,L) = √CL His hourly wage is $10, non-labor income is $20; and he has a total of 16 hours to allocate between labor and leisure Based on this information, the consumer's total utility at the optimal level (or optimal C,L combination) is: a. 57.0 utils b. 28.5 utils c. 99.75 utils d. 114.5 utils e. Cannot be determined with the information given

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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The consumer's utility function for Consumption (C) and Leisure (L) is given as U(C,L) = √CL
His hourly wage is $10, non-labor income is $20; and he has a total of 16 hours to allocate between labor and leisure
Based on this information, the consumer's total utility at the optimal level (or optimal C,L combination) is:
a. 57.0 utils
b. 28.5 utils
c. 99.75 utils
d. 114.5 utils
e. Cannot be determined with the information given

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