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NYC NYC
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8 years ago
Shawn is currently not employed. He places a value of $8 an hour on his time in nonmarket activities. If Shawn is offered a job paying $6 an hour:
A) he should supply a positive number of hours in the labor market and allocate no time to nonmarket activities.
B) he is indifferent between supplying hours to the labor market and using his time in nonmarket activities.
C) he should supply 0 hours in the labor market.
D) he should supply a positive number of hours in the labor market and to nonmarket activities.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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8 years ago
I was thinking the same, thank you
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