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Hey how do i answer this question Rafael earns R120 per hour in his current job and he works 35 hours per week. His disutility
Hey how do i answer this question
Rafael earns R120 per hour in his current job and he works 35 hours per week. His disutility of effort is equal to R20 per hour of work. If he loses his job, he will get unemployment benets equal to R60 per hour. Being unemployed has psychological costs of R10 per hour. His employment rent, if he can only get a job after 44 weeks of being unemployed, is more than R77 000 per year. a) True b) FalseStep by Step Solution
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