Question
a) List and briefly illustrate to a friend how each of three main factors stated in the textbook might result in an individual deciding not
a) List and briefly illustrate to a friend how each of three main factors stated in the textbook might result in an individual deciding not to supply labour. 3 Marks b) Ali was job seeking. He decided he would not work for anything less than $18/hour. He was hired at $22/hour. i. What is Ali's reservation wage rate? Explain. 1 Mark What is Ali's economic rent per hour? Explain. 1 Mark
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International Business
Authors: John Daniels, Lee Radebaugh, Daniel Sullivan
16th edition
134200055, 978-0134201542, 013420154X, 978-0134200057
