I have several questions to ask
Kelly has 100 hours per week to allocate between leisure and labor. Her indifference curves are depicted with the following labor-leisure di $1000 $900 $800 $700 $600 $500 $400 $30 $200 $100 SO 180 30 3 D Question 36 4 pts Kelly's market wage rate is $5 per hour and non-labor income is $700. Find her optimal level of work hours. [ Select ] Find her total money income at her optimum. [ Select ] Suppose her wage rises to $6 per hour. Which is greater in magnitude in her response, the substitution or the income effect? [ Select ] What is the minimum amount of extra non-labor income that will cause her to drop out of the labor force? [Select ] Question 36 4 pts Kelly's market wage rate is $5 per hour and non-labor income is $700. Find her optimal level of work hour v [ Select ] 30 20 Find her total money income at her 60 o 90 Suppose her wage rises to $6 per | 50 10 de in her response, the substitution or the income effect? [ Select ] 40 70 100 What is the minimum amount of exi 80 e her to drop out of the labor force? [ Select ] D Question 36 4 pts Kelly's market wage rate is $5 per hour and non-labor income is $700. Find her optimal level of work hours. [ Select ] Find her total money income at her optimum $900 $100 Suppose her wage rises to $6 per hour. Wh $700 esponse, the substitution or $200 the income effect? [ Select ] $400 $800 What is the minimum amount of extra non-la $500 drop out of the labor force? [ Select ] $300 $1,060 D Question 36 Kelly's market wage rate is $5 per hour and non-labor income is $700. Find her optimal level of work hours. [ Select ] Find her total money income at her optimum. [ Select ] Suppose her wage rises to $6 per hour. Which is greater in magnitude in her response, the substitution the income effect We cannot say. Not enough information. Substitution effect What is the minin Income effect will cause her to drop out of the labor force [ Select ] Kelly's market wage rate is $5 per hour and non-labor income is $700. Find her optimal level of work hours. [ Select ] Find her total money income at her optimum. [Select ] Suppose her wage rises to $6 per hour. Which is greater in magnitude in her response, the substitution or the income effect? [ Select ] What is the minimum amount of extra non-labor income that will cause her to drop out of the labor force? [ Select ] $900 $1.000 $600 $0 $400 3 pts D $100 $200 $300 $500 economist is calculating aggregate employment statistics for