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5. Suppose that you have been offered two jobs. Job A pays you flat rate of $16 per hour wage rate, and Job B pays
5. Suppose that you have been offered two jobs. Job A pays you flat rate of $16 per hour wage rate, and Job B pays you $12 per hour for the first 8 hours of work, and $24 per hour thereafter.
You plan to work 12 hours for both jobs. Answer the followings.
a. With an ordinary daily income leisure constraint with appropriate indifference curve framework, graphically show each of your choice with the Job A and Job B.
b. Which job do you choose and why?
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