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Kelly's market wage rate is $5 per hour and non-labor income is $400. Find her optimal level of work hours. [ Select ] Find her

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Kelly's market wage rate is $5 per hour and non-labor income is $400. 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 extro non-labor income that will cause her to drop out of the labor force? [ Select ] vKelly's market wage rate is $5 per hour $400. Find her optimal level of work hours. [ Select ] 20 80 her optil 90 40 60 er hour 70 substitu 50 100 30 10 extra no cause her to drop out of the labor forceFind her total money income at her optimum. [ Select ] $100 $400 er hour. Which is gre $0 substitution or the inc $900 $600 $500 $800 extra non-labor incon $300 or force? $700 $1,000 $200Suppose her wage rises to $6 per hour. which is greater in magnitude in her response, the substitution or the income effect V [ Select ] Income effect What We cannot say. Not enough information. e that will Substitution effect cause [ Select ]\fKelly has 100 hours per week to allocate between leisure and labor. Her indifference curves are depicted with the following labor-leisure diagram. She prefers win to us and up to us , etc. $1000 $900 $800 $700 $600 $500 $400 $300 $200 $100 $0 0 10 20 30 40 50 60 70 80 90 100 100 90 80 70 60 50 40 30 20 10 0

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