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Assume that an individual's utility level(U) is a function of two goods: real income (Y) and leisure time (L) as in the simple neoclassical model of labor supply and is given by the function: U=3YL1/3. The marginal utility of leisure is given by which of the following?

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Assume that an individual's utility level(U) is a function of two goods: real income (Y) and leisure time (L) as in the simple neoclassical model of labor supply and is given by the function: U=3YL<sup>1/3</sup>. The marginal utility of leisure is given by which of the following?





 
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