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Ao9 Ao9
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Posts: 1908
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8 years ago
The household budget constraint may have a kink because
A) households prefer diversity.
B) there is uncertainty.
C) leisure is limited by the number of available hours.
D) households may substitute consumption for leisure, or the reverse.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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Posts: 1906
8 years ago
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Ao9 Author
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8 years ago
You're sharp, thanks!
wrote...
8 years ago
I'm assuming I was right? Wink Face Don't forget to mark as solved.
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