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Answer :
Final answer:
The fast translator's utility, if they charge £10 per hour in lost outside compensation and takes 2 hours to translate n pages, would be £t - 20. The correct option is A. £t - 20 .
Explanation:
The calculation of the utility for the Oxford scholar who is a fast translator and charges \
£10 per hour in outside compensation is straightforward. If a fast translator takes \
n = 2 hours to translate n pages, then for n pages, the total hours worked would also be 2. Given that the scholar loses \n£10 per hour in outside compensation, the total cost in lost compensation would be £20 (2 hours \
\times \n£10/hour). Therefore, if the total payment for translation is £t, the utility of the fast translator would be £t - 20, corresponding to option A.
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