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can someone do this with the numbers i provided in my graph?? they are different The indifference curves on the following graph show Deborah's preferences
can someone do this with the numbers i provided in my graph?? they are different
The indifference curves on the following graph show Deborah's preferences for leisure and consumption for increasing levels of utility, such that her utilty increases in both consumption and leisure. Assuming that Deborah spends 68 hours each week sleeping, she has a maximum of 100 hours avallabie to her for leisure if she does not work at all. Inlially, she works 40 hours (and thus has 60 hours of leisure) and earns $350 per week. Use the grey point (star symbol) to indicate Deborah's initial leisure/consumption bundie. Dashed drop lines will automaticaly extend to both axes. Now, suppose that Deborah is laid off, but she is ellgible to collect unemployment benefits of $300 per week. Use the biack point (cross symbol) to represent Deborah's unemployment point on the previous graph when she consumes s300 per week and has. 100 hours of leisure. Suppose that after a month of being unemployed, Deborah's friend Carlos suggests that she apply for a job at his company, where she could earn her previous salary again by working 40 hours per week; True or False: Becave Deborah is on a lower indifference curve whlle receiving unemployment benefits than she was when she was employed, she would be worse off working at her friend's company than she is remaining unemployed. True Faise On the previous graph, use the green point (trangie symbel) to incicate the minimum weekly salary (an equivalent bundie) that wowb make Deborah at well of narking 40 hours per week as ahe is when unemployed and colleting $300 in benefis. Now, suppose that the government enacts reforms that reduce unemployment cempensotion to 3150 per week for Deborah. On the previous graph, iss the orange point (square symbol) to represent Deborahs new leisureftonsumptian oundie when ste consumei s1so per week and has 100 nours of keisure. Then use the brue poiat (cincle symbol) to indicate the minimum weelly salary (an equikalent bundid) that would Complete the foliowing table by entering the minimum weekfy salary that would make Deborah as well off working 40 hours per week as she is whent unemployed and collecting the unemployment benefits listed in the following table. The decrease in unemployment benefits makes Deborah fikely to accept a job; therefore, based on this example, you would expect that a decrease in behefits would cause norkers who are currently colfecting unemployment benefits to accept job offers Step by Step Solution
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