Solution-Dollars of income for each hour of leisure

Dollars of income for each hour of leisure

Reference no: EM132444986

A worker views leisure and income as "goods" and has an opportunity to work at an hourly wage of $15 per hour. The worker's opportunity set in a given 24-hour period . Suppose the worker is always willing to give up $11 dollars of income for each hour of leisure. How many hours per day will she choose to work?

Reference no: EM132444986

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Dollars of income for each hour of leisure

Reference no: EM132444986

Reference no: EM132444986

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