Expalin worse off at a lower hourly wage
When discussing the maximization of utility, regardless of whether you chose to work more hours or fewer when offered a higher hourly wage, you could not be worse off than you were at a lower hourly wage. Can you show this?
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Regardless of whether you chose to work more hours or fewer when offered a higher hourly wage, you could not be worse off than you were at a lower hourly wage. Can you show this?
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Because people who pay these fees play more tennis than others (who can use free public courts), this means sunk costs matter for decisions. Right?
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