Suppose that there are 12 hours available per day for an individual, and the wage rate for this person is $15 per hour. Construct a typical daily...
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Suppose that there are 12 hours available per day for an individual, and the wage rate for this person is $15 per

hour.

a. Construct a typical daily income leisure constraint for this person.

b. This person wants to work 8 hours per day but only works 6 hours because of no choice. Show this choice graphically.

c. Suppose a part time job paying $12.00 per hour is available. So this person decides to work extra 2 hours for this part time position in addition to the 6-hour work per day. Show this choice graphically. Why this person chooses more hours of work?

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