Maria has four hours of free time each day. She can spend it studying or working at the Wang's Chinese

Kitchen for $6.50 per hour. Curve A illustrates the trade-off between school grades and the wages Maria

could eam.

What are the maximum wages Maria could eam if she works five days a week?

b. What grades can she expect if she works 10 hours each week?

What advice would you give Maria if she were eaming $50 each week and making Ds?

a

c.

Opportunity cost is the cost of the alternative forgone;

The cost of Maria spending more time on her studies is the wages from working in the kitchen which she does not earn and vice versa

The correct values are as follows:

a. The maximum wages Maria could earn is $130

b. The grades she can expect if she works 10 hours each week is grade C

c. She should make a decision to either quit school or quit her job

d. To become a pharmacists, she should study more and quit her job

To become a restaurant owner/manager, she should develop her restaurant/managerial skills more at the

The reason for the above responses are as follows:

The known parameters are:

The number of hours of free time Maria has each day = 4 hours

The activities Maria can use the four hours for = Studying or working at the Wang's Chinese kitchen

The amount she can earn per hour working = $6.50 per hour

Question a. Required;

The maximum wages Maria could earn working 5 days a week

Solution;

Taking the each unit on the horizontal axis of the attached graph as one day. There are 5 units which equal 5 days

if she works for the five days, she spends all the available time working and she earns maximum wage on the graph which is $130The maximum wages Maria could earn if she works five days a week = $130

b. Required:

The grade she can expect by working 10 hours a week

Solution:

The number of hours available each week = 5 × 4 hours = 20 hours

If she works 10 hours each week, she spends the remaining 10 hours studying which is half of her available time

The grades she can expect by working 10 hours each week (half of her spare time) is giving by the value of the graph at the middle of the of half the length of the horizontal axis values which is grade C

c. Required:

The advice for Maria if she is earning $50 each week and is making Ds

Solution:

If Maria is earning $50 each week, the number of days she is working = One day

The number of days she spends reading = 4 days

In order to improve her grades, she should increase the number of days she spends reading, and therefore, she should spend more than 4 days or the 5 days reading and she should stop working and forgo the $50 for a grade C

Therefore;

Maria has to make a decision to either quit school or quit her job

d. Part of the question that can be included as seen from a similar question online is as follows;

The advice for her if she is interested in becoming a pharmacists or a restaurant owner/manager

If she is interested in becoming a pharmacist, she should stop working and focus on her studies; Quit her job

If she interested in becoming a restaurant owner or manager, she should spend less time reading and spend much of her time at the Wang's Chinese kitchen to develop are restaurant business skills;

Learn more about the production possibility curve here:

here;https://brainly.com/question/15520789

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