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SebKom SebKom
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6 years ago
Suppose that Sally has 112 hours of time per week to allocate between market work and household time, earns a wage of $12 per hour if she works, and receives $30 per week in non-labor income.  Graph Sally's budget constraint.  If Sally's market wage were $15 per hour, how would that affect Sally's budget constraint? Show graphically.
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Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
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ShadiasShadias
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