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We could refer to a situation in which a worker takes two jobs. Typically, the first...

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Economics

We could refer to a situation in which a worker takes two jobs.Typically, the first job is full-time whereas the second one ispart-time and often conducted at night or over the weekend. Withthe help of indifference curve diagrams, answer the followingquestions. (a) How can you use the labor supply model to explainwhy a worker would moonlight? (b) Let w1 and w2 be the wage ratesof the first and second jobs, respectively. Can your model dealwith all three possibilities: (i) w1 = w2 ,w1 < w2 , and w1 >w2 ? Explain.

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