Use the following to answer questions:
Figure: Davina's Labor Supply Choice
-(Figure: Davina's Labor Supply Choice) The figure Davina's Labor Supply Choice shows Davina's time allocation budget line when her hourly wage is $10 or $15 and she has 80 hours to allocate between labor and leisure; it also shows two of her indifference curves for income and leisure. When Davina earns $10 per hour, she works _____ hours and enjoys _____ hours of leisure.
A) 20; 60
B) 30; 50
C) 40; 40
D) 50; 30

Question

Use the following to answer questions:
Figure: Davina's Labor Supply Choice 
-(Figure: Davina's Labor Supply Choice) The figure Davina's Labor Supply Choice shows Davina's time allocation budget line when her hourly wage is $10 or $15 and she has 80 hours to allocate between labor and leisure; it also shows two of her indifference curves for income and leisure. When Davina earns $10 per hour, she works _____ hours and enjoys _____ hours of leisure.
A) 20; 60 
B) 30; 50 
C) 40; 40 
D) 50; 30

Quizplus · Accepted Answer

The Answer of Use the following to answer questions:
Figure: Davina's Labor Supply Choice 
-(Figure: Davina's Labor Supply Choice) The figure Davina's Labor Supply Choice shows Davina's time allocation budget line when her hourly wage is $10 or $15 and she has 80 hours to allocate between labor and leisure; it also shows two of her indifference curves for income and leisure. When Davina earns $10 per hour, she works _____ hours and enjoys _____ hours of leisure.
A) 20; 60 
B) 30; 50 
C) 40; 40 
D) 50; 30

Use the Following to Answer Questions