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Business, 03.12.2021 20:10 awrgiAg

Maria earns $15 per hour in her current job and works 40 hours a week. Her disutility of effort is measured as $1 per hour of work. In the case that she loses her job, she receives $5 per hour unemployment benefit. Additionally, being unemployed has psychological and social costs which is a disutility equivalent to $2 per hour. Then,

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Maria earns $15 per hour in her current job and works 40 hours a week. Her disutility of effort is m...

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