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much income will she earn per week? (1/2 point) If she spends no time at home and all of her time at work, how much

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much income will she earn per week? (1/2 point) If she spends no time at home and all of her time at work, how much income will she earn per week? (1/2 point) How much additional income will she have by working at Dog Lane Can for an additional hour? (1 point) $700 $100 60 Time at home c. According to economic theory, which plan is guaranteed to reduce the number of hours that Sally spends at work each week? Underline one: Plan A, Plan B. (1 point) Explain your answer using a clear discussion of the income effect and the substitution effect associated with each policy. To help guide your answer, underline the correct answers below (2 points) Plan A has a) an income effect which results in an increase in the number of hours Sally works at Dog Lane b) an income effect which results in a decrease in the number of hours Sally works at Dog Lane c) no income effect Plan A has a) a substitution effect which results in an increase in the number of hours Sally works at Dog Lane b) a substitution effect which results in a decrease in the number of hours Sallv works at Don Lane cl n0 substitution effect

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