Ekman Chapter 4- no.21 - So the contradictory result of...

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Ekman Chapter 4 21. Early Wage = $ 20 Working Hours Employees: 24 Hour Albert and Sid’s Company = Working hour= 10 = Leisure hour= 14 Total Earnings = 24 . $ 20 = $ 480 After Wages were cut = $ 18 Working hours = 24 Hour Albert’s Company = Work hours = 12 hour Leisure Time = 12 hour Sid’s Company = Work Hours = 8 hour Leisure Hours = 16 hour Total earnings = 24 . $ 18 = $ 432
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Unformatted text preview: So the contradictory result of both companies decreasing in income and affect the leisure time consumed by each workers. Albert’s company is consuming less leisure than Sid’s consuming more leisure after the wage changed. Albert’s Company Sid’s Company Income Income 480 480 432 432 12 14 24 Leisure 14 16 24 leisure...
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