Business, 18.08.2021 05:00 sarahcn9876

Worker A and Worker B both prefer to work 8 hours a day when their hourly wage is $12 an hour. They are currently working 8 hours a day and getting $12 an hour. Another employer wants to employ them only 6 hours a day (and requires them to not work in another job). Worker A will demand a higher wage to take the 6 hour job (compared to Worker B) when a. worker A has a more curved (bowed in) set of indifference curves.
b. worker A has a less curves (less bowed in) set of indifference curves.
c. worker A has a higher income elasticity of demand for leisure.

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Worker A and Worker B both prefer to work 8 hours a day when their hourly wage is $12 an hour. They...

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