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On a daily basis, Susan has 20 hours available to allocate to labour or leisure. Her hourly wage is $20, the price of the (composite)
On a daily basis, Susan has 20 hours available to allocate to labour or leisure. Her hourly wage is $20, the price of the (composite) consumption good is p=$2 and she has $20 non-labour income every day. Which of the following equations represents Susan's daily budget constraint? [Tick all that apply; select your answers carefully.] O 10L = 210 - C O None of the answers in this list are correct O C = 210 - 10L O C = 420 - 20L O C + 20L = 420
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