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Income RM113 Leisure a] How much non-labor income. if any, does this worker have? b) Calcutate the hourly.' wage rate. Show the formula. working and

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Income RM113 Leisure a] How much non-labor income. if any, does this worker have? b) Calcutate the hourly.' wage rate. Show the formula. working and nal answer. c) Calwtate the amount of \"K\". Show the formula. working and nal answer. d] It the worker does not have any non-labor income now. sketch a new diagram to show his original budget line [3L1] and new budget line [BLE] on the same diagram. e] Dn diagram {d}, use a RED arrow to show how will the worker move along the new budget line [BLE] if he gradually changes his tastes from a leisure lover to a workaholic

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