Posted by **tofu** on Wednesday, January 31, 2007 at 3:06pm.

Suppose an individual has 60 hours of time available in the week and has

to decide how much to work. The hourly wage is $ 10 and he has $ 50 per

week from a government subsidy.

1. (15 points) Draw an equilibrium where the individual choose to work

50 hours per week.

now my question is mainly deals with the government subsidy...

do you treat it as an non labour income?? meaning if u don't work @ all, u still get a specific amount of $.....

YEs, it is a non hour income.

## Answer This Question

## Related Questions

- math - Mack’s hourly wage is raised from $12.10 per hour to $13.35 per hour. He ...
- math - what does over time and time in a half mean? Employees who earn an hourly...
- math linear equations - suppose you earn 5.50/h at a bakery. From your first ...
- Algebra 2 - You need to earn $539 per week to afford the new car you want to ...
- ict - peter works as a part-time assistant at a car wash and receives an hourly ...
- math - How would I solve this; John is paid at an hourly rate of $15 and over ...
- Algebra - H. If you are paid a weekly base salary of $200 plus an hourly wage of...
- 11th grade math - Suppose you earn $7.21 per hour and plan to work "h" hours per...
- help with math! - Evonne earns $10.50 per hour for a 40 hour week. She earns ...
- math - A company produces three types of color TVs: Models X, Y and Z. Each ...

More Related Questions