Answer to Question #64803 in Macroeconomics for Val

Question #64803

What if she had 5:00 to spend.

Expert's answer

For example, we will take the average wage of 10$ per hour. So we will use the thesis of waste of time. If she works for 5 hours she will earn 50$, if she will not work she will spend 5 hours and waste money – 50$.

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