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When Labor Suppliers Choose How Much Time to Allocate to Wage

Question 24

Multiple Choice

When labor suppliers choose how much time to allocate to wage labor and to other activities seeking to maximize utility ,their constraint is given by

A) the time constraint S + H ≤ T
B) the cash constraint that C ≤ wS + M.
C) C + wH ≤ wT + M.
D) all of the above.

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