=+to the hourly wage. We observe the following information about the choices that the two individuals make:
Question:
=+to the hourly wage. We observe the following information about the choices that the two individuals make:
SaM baRb SaM baRb pRIce oF G pRIce oF L L
(houRS)
L
(houRS) G ($) G ($)
1 8 16 14 64 80 1 9 15 14 81 90 1 10 14 15 100 90 1 11 14 16 110 88
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