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Wage rate is $10 per hour for a consumer, and he is choosing earning of $10...

Wage rate is $10 per hour for a consumer, and he is choosing earning of $10 per hour and taking leisure of 1 hour together.

a.    Derive the mathematical equation and draw the corresponding graph for daily income-leisure constraint.

b.    Draw the corresponding indifference curve between earning and leisure.

c.     How many hours will this consumer work and how much will this consumer earn?

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