{"id":858,"date":"2017-10-28T20:19:26","date_gmt":"2017-10-28T14:19:26","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/suppose-a-worker-is-offered-a-wage-of-8-per-hour-and-l-is-leisure\/"},"modified":"2017-10-28T20:19:26","modified_gmt":"2017-10-28T14:19:26","slug":"suppose-a-worker-is-offered-a-wage-of-8-per-hour-and-l-is-leisure","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/suppose-a-worker-is-offered-a-wage-of-8-per-hour-and-l-is-leisure\/","title":{"rendered":"Suppose a worker is offered a wage of $8 per hour&#8230;.and L is leisure)"},"content":{"rendered":"<p>Suppose a worker is offered a wage of $8 per hour, plus a fixed payment of $100 per day, and he can use 24 hours per day. What is the equation for the worker&#8217;s opportunity set? (E is total earnings and L is leisure)<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[57],"subject":[5],"class_list":["post-858","mcq","type-mcq","status-publish","hentry","topic-the-theory-of-individual-behavior","subject-managerial-economics"],"mcq_note":"Suppose a worker is offered a wage of $8 per hour, plus a fixed payment of $100 per day, and he can use 24 hours per day. What is the equation for the worker's opportunity set? (E is total earnings and L is leisure)Answer:E = 292 - 8L.","mcq_options":[{"right":"no","answer":"E = 100 - 8L"},{"right":"no","answer":"E = 192 - 8L"},{"right":"yes","answer":"E = 292 - 8L"},{"right":"no","answer":"None of the statements associated with this question are correct"}],"multi_answers":"no","subject_terms":[{"id":5,"title":"Managerial Economics","slug":"managerial-economics"}],"topic_terms":[{"id":57,"title":"The Theory of Individual Behavior","slug":"the-theory-of-individual-behavior"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq"}],"about":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/types\/mcq"}],"author":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/comments?post=858"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=858"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=858"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}