Based on the figure below, what is the worker's hourly wage? Income $192 O $10 O $12 O $16 O $192 0 16 16 Hours of Leisure 0 Hours of Labor

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter16: Labor Markets
Section: Chapter Questions
Problem 16.3P
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Based on the figure below, what is the worker's hourly wage?
Income
$192
O $10
O $12
O $16
O $192
0
16
16 Hours of Leisure
0 Hours of Labor
Transcribed Image Text:Based on the figure below, what is the worker's hourly wage? Income $192 O $10 O $12 O $16 O $192 0 16 16 Hours of Leisure 0 Hours of Labor
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