Ladarius622
Ladarius622
09.07.2021 • 
Business

Juanita is a stay-at-home parent who lives in Detroit and provides math tutoring for extra cash. At a wage of $25 per hour, she is willing to tutor 6 hours per week. At $35 per hour, she is willing to tutor 16 hours per week. Using the midpoint method, the elasticity of Juanita's labor supply between the wages of $40 and $50 per hour is approximately , which means that Juanita's supply of labor over this wage range is:

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