Question: 1. What is the formula for the time constraint in model of time-constrained consumer choice? What variables go to make up the full cost of

1. What is the formula for the time constraint in model of time-constrained consumer choice? What variables go to make up the "full cost" of consuming a commodity in this model? What is the causal link between an increase in the wage women can earn if they go to work outside the home and the decline in family size in America since 1950?

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