Time Cleaning Windows (hours/day) Total Number of Windows Cleaned 0 1 2 3 4 5 0 7 11 14 16 17 John is trying to decide how to divide his time between his job as a stocker in the local grocery store, which pays $7 per hour for as many hours as he chooses to work, and cleanin windows for the businesses downtown. He makes $2 for every window he cleans. John is indifferent between the two tasks, and the number of windows he can clean depends on how many hours he spends cleaning in a day, as shown in the accompanying table. Which of the following are points on John's supply curve (Select all that apply)? A. P=$0.50; Q=7 B. P=$1; Q=7 C. P=$2; Q=11 D. P=$1.75; Q=11 E. P=$7; Q=17 F. P=$4; Q=16

Time Cleaning Windows (hours/day) Total Number of Windows Cleaned 0 1 2 3 4 5 0 7 11 14 16 17 John is trying to decide how to divide his time between his job as a stocker in the local grocery store, which pays $7 per hour for as many hours as he chooses to work, and cleanin windows for the businesses downtown. He makes $2 for every window he cleans. John is indifferent between the two tasks, and the number of windows he can clean depends on how many hours he spends cleaning in a day, as shown in the accompanying table. Which of the following are points on John's supply curve (Select all that apply)? A. P=$0.50; Q=7 B. P=$1; Q=7 C. P=$2; Q=11 D. P=$1.75; Q=11 E. P=$7; Q=17 F. P=$4; Q=16

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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