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Author Question: Time Allocation and the Labor SupplyThe table shows the wage rate per day, and the number of days ... (Read 365 times)

Gabby

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on: Nov 23, 2022
Time Allocation and the Labor Supply

The table shows the wage rate per day, and the number of days Bud and Lou will work per year at each rate.
WageBudLou
2539​0
75108​114​
125239​157​
175330​189​
225350​234​
275365270​
325365365
Bud and Lou are good friends, so if you offer them different wages, they will find out and demand equal pay. If your shop is open 222 days a year, what wage rate will you offer Bud and Lou to fully staff your shop?
◦ $25
◦ $125
◦ $75
◦ $175
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by Gabby on Nov 23, 2022

khudija

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Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Gabby

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Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)

Dinolord

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Reply 3 on: Yesterday
Wow, this really help

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