Matt earns $16 per hour and the price of the consumption good is $2 per unit. at his current consumption bundle, matt's maginal utility of leisure is is 120 utils per extra hour of leisure and marginal utility of consumption is 10 utils per extra unit of consumption. is it possible that he is maximizing his utility?

a. yes, he could be choosing not to work and consuming his endowment bundle.
b. no, since matt's utility maximizing bundle always occurs where the slope of the budget constraint (-w/p) equals the slope of the indifference curve (mrs).
c. no, since matt would increase his utility if he increased his consumption of the consumption good and worked more.
d. both b and c are correct.

Employees at a library check out books to patrons. books have an isbn and a name. the library sometimes has multiple copies of the same book. books have one or more authors. a patron is an individual who has an active (non-expired) library card. for each library card, we store the person's first and last names and their address. for each employee, we store their employee id, current salary, first and last name and their address. we also store the employee id of their current manager. each time we check out a book to a patron we need to store the date of the transaction, the employee who checked out the book to the patron, and the library card of the patron. some employees have library cards. if an employee patron turns in a book late, the fine that they pay is a percentage of their salary. some employees are authors who have library cards—they are allowed to check out as many books as they like.