Author Question: Jason can maximize his satisfaction by allocating time among market work, nonmarket work, and ... (Read 55 times)

evelyn o bentley

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Jason can maximize his satisfaction by allocating time among market work, nonmarket work, and leisure so that the final marginal utilities per hour spent in each activity are identical.
 a. True
  b. False

Question 2

The normal life-cycle pattern of income reflects differences in earnings based on
 a. race and education
  b. gender and education
  c. age and education
  d. race
  e. household size



milbourne11

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Answer to Question 1

A

Answer to Question 2

C



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