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Suppose a Worker Is Offered a Wage of $8 Per

Question 112

Multiple Choice

Suppose a worker is offered a wage of $8 per hour, plus a fixed payment of $100 per day, and he can use 24 hours per day.What is the equation for the worker's opportunity set? (E is total earnings and L is leisure)


A) E = 100 - 8L.
B) E = 192 - 8L.
C) E = 292 - 8L.
D) none of the statements associated with this question are correct.

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