Question
Consumer's utility function for leisure N and other goods X is U(X,N) = ln(XN)+ln(N^2). The price of other goods is normalized to one and the
Consumer's utility function for leisure N and other goods X is U(X,N) = ln(XN)+ln(N^2). The price of other goods is normalized to one and the wage is w. The non wage income is 120. Derive the labor supply equation. You should show the budget constraint you're working
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China's Air Pollution Problems
Authors: Claudio O Delang
1st Edition
1317209281, 9781317209287
