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Use the Following Figure to Answer the Question : Figure

Question 56

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Use the following figure to answer the question : Figure 17-1 : shows the weekly income (in dollars) and leisure (in hours) of a worker using an indifference curve and a budget line.
Use the following figure to answer the question : Figure 17-1 : shows the weekly income (in dollars) and leisure (in hours) of a worker using an indifference curve and a budget line.   -In Figure 17-1,assume the worker is initially in equilibrium at point A.Weekly earnings and work effort are _____ respectively. A) OY<sub>1</sub> and OL<sub>2</sub> B) OY<sub>2</sub> and NL<sub>2</sub> C) OY<sub>1</sub> and NL<sub>2</sub> D) OY<sub>2</sub> and ON
-In Figure 17-1,assume the worker is initially in equilibrium at point A.Weekly earnings and work effort are _____ respectively.


A) OY1 and OL2
B) OY2 and NL2
C) OY1 and NL2
D) OY2 and ON

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