Homework Answers
When there is 50% tax then net wage received=$50 per hour
maximum amount that can be spent or earned=50*100=$5000
If 60 hours are leisure then labor supplied=40 and earned income=40*50=2000
maximum amount/ consumption after 60hours leisure=$2000
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Please help me graph both questions :) thank you Walt earns $5 per hour in his...
Please help me graph both questions :) thank you
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Please help me graph both questions :) thank you
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