9. Using Figure 2.10, demonstrate that Smith has a stronger taste for leisure and a weaker taste...
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9. Using Figure 2.10, demonstrate that Smith has a stronger “taste” for leisure and a weaker “taste” for work than Jones. What factor(s) might underlie this difference in tastes? Redraw Smith’s indifference curves to show the case where she would rather be a nonparticipant than work the standard HD workweek.
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Contemporary Labor Economics
ISBN: 9780073375953
9th Edition
Authors: Campbell McConnell, Stanley Brue, David Macpherson
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