Do you think an increase in your income would lead you to increase your hours of labor, or leisure?

Choose one of the below discussion topics and respond to this forum. (200 words) By Wednesday

1. In Chapter 6 we learn that consumers always want to maximize their utility (in other words, their happiness). We are also introduced to the concept of diminishing marginal utility. Have you ever consumed “too much” of something, to a point where you experienced a negative marginal utility? Please explain.

2. After learning about the “rule for maximizing utility,” do you think you can (or will) apply this to your own consumption decisions? Why, and how?

3. The labor-leisure budget constraint is introduced in this chapter, which is a visual way to understand the labor vs. leisure decision-making process for individuals or households. Do you think an increase in your income would lead you to increase your hours of labor, or leisure? Would the amount of your “raise” influence your decision? Please explain.Choose one of the below discussion topics and respond to this forum.

1. In Chapter 6 we learn that consumers always want to maximize their utility (in other words, their happiness). We are also introduced to the concept of diminishing marginal utility. Have you ever consumed “too much” of something, to a point where you experienced a negative marginal utility? Please explain.

2. After learning about the “rule for maximizing utility,” do you think you can (or will) apply this to your own consumption decisions? Why, and how?

3. The labor-leisure budget constraint is introduced in this chapter, which is a visual way to understand the labor vs. leisure decision-making process for individuals or households. Do you think an increase in your income would lead you to increase your hours of labor, or leisure? Would the amount of your “raise” influence your decision? Please explain.

1. Review the case flow and describe the process. What works well with the criminal justice system and what doesn’t work well?
2. Provide your response in the discussion forum and comment on posts submitted by two student colleagues.
3. Refer to the Chapter 6 on Criminal Law – concerns behavior so threatening that society prohibits it. It is a crime to embezzle money from an employee, to steal a car, and to sell narcotics.

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