=+B. Now suppose that a workers tastes over consumption and leisure can be defined by the utility
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=+B. Now suppose that a worker’s tastes over consumption and leisure can be defined by the utility function u1c,,2 5 c a
, 112a2
(and again assume that the worker has a leisure endowment of 60 hours per week).
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Related Book For
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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