In deciding how many hours to work, beulah will make a choice that maximizes her ; that is, she will choose according to her preferences for leisure time and income.
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Ответ:
In deciding how many hours to work, Beulah will make a choice that maximizes her utility; that is, she will choose according to her preferences for leisure time and income.
Explanation:
People obtain utility from products they purchase and they also obtain utility from leisure time (leisure time is the time not spent at work). Generally, for people with low wages react to a higher wage by supplying a greater quantity of labor but for higher wages people who can earn so much that respond to a still-higher wage by working fewer hours.
Ответ:
The answer would be B) 8 percent.
Explanation: