Show how jerome determines how many hours to work

Reference no: EM131324458

Suppose that the job in Question 20 that had no restriction on hours was the higher-paying job. How do Jerome's budget constraint and behavior change?

Question 20

Jerome moonlights: He holds down two jobs. The higher-paying job pays w, but he can work at most eight hours. The other job pays but he can work as many hours as he wants. Show how Jerome determines how many hours to work.

Reference no: EM131324458

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