Multiple Choice
When labor suppliers choose how much time to allocate to wage labor and to other activities seeking to maximize utility ,their utility is often assumed to be a function of ________.
A) consumption of goods and services
B) time spent in non-labor activities.
C) both consumption of goods and services and time spent in non-labor activities.
D) neither consumption of goods and services nor time spent in non-labor activities.
Correct Answer:

Verified
Correct Answer:
Verified
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