1.11. Suppose that next summer you get two job offers, one as a lifeguard and the other...

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1.11. Suppose that next summer you get two job offers, one as a lifeguard and the other as a garbage collector. Each job pays $15 an hour, and you are required to work 30 hours a week.

a. Which job are you more likely to take?

b. If no one wants to work as a garbage collector and everyone wants to be a lifeguard, what will happen to the wages in both jobs?

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Principles Of Microeconomics

ISBN: 9780393679199

3rd Edition

Authors: Dirk Mateer, Lee Coppock

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Question Posted: Oct 21, 2024 01:00 AM

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1.11. Suppose that next summer you get two job offers, one as a lifeguard and the other...

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Principles Of Microeconomics

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