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question 259

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Use the following to answer questions:
Figure: Davina's Labor Supply Choice Use the following to answer questions: Figure: Davina's Labor Supply Choice   -(Figure: Davina's Labor Supply Choice)  The figure Davina's Labor Supply Choice shows Davina's time allocation budget line when her hourly wage is $10 or $15 and she has 80 hours to allocate between labor and leisure; it also shows two of her indifference curves for income and leisure. When Davina earns $10 per hour, she works _____ hours and enjoys _____ hours of leisure. A)  20; 60 B)  30; 50 C)  40; 40 D)  50; 30
-(Figure: Davina's Labor Supply Choice) The figure Davina's Labor Supply Choice shows Davina's time allocation budget line when her hourly wage is $10 or $15 and she has 80 hours to allocate between labor and leisure; it also shows two of her indifference curves for income and leisure. When Davina earns $10 per hour, she works _____ hours and enjoys _____ hours of leisure.


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