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3. Suppose a person has no unearned income. At the optimal choice of labor supply and consumption, which of the following is true? (A) MUL/MUc

3. Suppose a person has no unearned income. At the optimal choice of labor supply and consumption, which of the following is true? (A) MUL/MUc = w (B) c + wL = wT (C) c = wT + wh (D) MUh/MUc = w

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