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A worker views leisure and income as goods and has an opportunity to work at an hourly wage of $16 per hour. a. lllustrate the
A worker views leisure and income as \"goods\" and has an opportunity to work at an hourly wage of $16 per hour. a. lllustrate the worker's opportunity set in a given 24-hour period. Income 480 Tools 432 S/ 384 336 Opportunity S 288 240 192 144 96 48 02 4 6 8 1012141618 20 22 24 26 Leisure b. Suppose the worker is always willing to give up $10 dollars of income for each hour of leisure. Do her preferences exhibit a diminishing marginal rate of substitution? (Click to select) v How many hours per day will she choose to work
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