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If leisure is a normal good, then an increase in non-labor income will reduce labor supply.。
If leisure is a normal good, then an increase in non-labor income will reduce labor supply.。
A.正确
B.错误
正确答案:正确
标签:
中级微观经济学
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Yoram insists on consuming 3 times as much y as he consumes of x(so he always has y = 3x).He will consume these goods in no other ratio.The price of x is 2 times the price of y.Yoram has an endowment of 24 x0s and 42 y0s which he can trade at the going pr
下一条:
Mr.Cog has 18 hours per day to divide between labor and leisure.His utility function is U(C,R) = CR; where C is dollars per year spent on consumption and R is hours of leisure.If he has a nonlabor income of 40 dollars per day and a wage rate of 8 dollars