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Latasha is a retired teacher living in Dallas who teaches clarinet lessons to supplement their normal income. At an hourly wage rate of $ 1
Latasha is a retired teacher living in Dallas who teaches clarinet lessons to supplement their normal income. At an hourly wage rate of $ they are willing to teach hours per week. Upping the wage to $ per hour, they are willing to teach hours per week.
Using the midpoint method, the elasticity of Latasha's labor supply between the wages of $ and $ per hour is approximately means that Latasha's supply of labor over this wage range is
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