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o How to determine equilibrium amount of leisure and work in Figure 7.2. o How Figure 7.2 changes when wage increases/decreases. . In Figure 7-2,

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o How to determine equilibrium amount of leisure and work in Figure 7.2. o How Figure 7.2 changes when wage increases/decreases. . In Figure 7-2, THincreases to T , which in turn decreases TI. to T. How Figure 7.2 HL 0 How to you calculate the minimum amoun it economically viable for a given interest rate, ignoring the depreciation. Y Equilibrium 0 A (365 - TH TL) Leisure time _ _ W

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