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Unformatted text preview: Question l0 on page 59 (HINTS: Draw the budget constraints carefirlly, particularly the one in part b. Note exactly where the two conshaints cross-it should be an interesting point, and note exactly where the second constaint changes its slope. Again, for part c, use tbe income and substitution effects, and assume that both $ and leisure are normal.) 5. Text, Chapter 2, Question 13 on page 59, PARTS a AI.ID b ONLY 6. Text, Chapter 2, Question 14 on page 59 Mr. Coiner Spring, S aa ro...
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This note was uploaded on 10/15/2011 for the course ECON 134 taught by Professor Coiner during the Spring '11 term at Brandeis.
- Spring '11