Multiple Choice
A person's optimal labor supply choice:
A) is similar to a person's optimal consumption rule,but with consumption and leisure as the "goods" in question.
B) is not useful in determining how many hours a person should work.
C) reveals little about a person's labor-leisure choices.
D) results in people working too much for too little pay.
Correct Answer:
Verified
Correct Answer:
Verified
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