Multiple Choice
Javon has 80 hours per week to allocate between labour and leisure.Graph hours of leisure per week on the horizontal axis and income per week on the vertical axis.If Javon's hourly wage is $8,then the horizontal intercept of his time allocation budget line is:
A) $8.
B) $640.
C) 40 hours.
D) 80 hours.
Correct Answer:

Verified
Correct Answer:
Verified
Q15: Use the following to answer questions :<br>Figure:
Q15: During the holiday season some people take
Q17: An individual will allocate time between labour
Q18: Use the following to answer questions :<br>Figure:
Q20: Javon has 80 hours per week to
Q24: Kaile earns $10 as a lab technician.She
Q78: Miss Marple spends her entire leisure time
Q241: Alex's wage rate falls. Holding everything else
Q339: Consider the time allocation budget line for
Q361: Use the following to answer questions:<br>Figure: Income