Who will specialize in the household sector and who will, Microeconomics

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Who will specialize in the household sector and who will

Problem

Suppose that Jack's wage rate is $20 and that his marginal product of time in the household sector is $10 per hour. Suppose that Jill's wage rate is $30 and that her marginal product of time in the household sector is $15 per hour. Who will specialize in the household sector and who will specialize in the market sector in this household. Why

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Microeconomics: Who will specialize in the household sector and who will

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Microeconomics: Who will specialize in the household sector and who will

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