Lisa is currently not employed. She places a value of $12 an hour on her time in nonmarket activities. If Lisa is offered a job paying $17 an hour
◦ she should supply 0 hours in the labor market and allocate all of her time to nonmarket activities.
◦ she should supply a positive number of hours in the labor market and allocate no time to nonmarket activities.
◦ she should supply a positive number of hours in the labor market and to nonmarket activities.
◦ she is indifferent between supplying hours to the labor market and using her time in nonmarket activities.