Question: Luis has a choice between working for $ 6 per hour, or not working at all. If Luis chooses not to work, they are guaranteed
Luis has a choice between working for $ per hour, or not working at all. If Luis chooses not to work, they are guaranteed annual benefits of $ Luis also has a choice to work up to hours per year, and for every dollar earn working, they lose dollar in government benefits.
Based on this information, fill in the columns below.
tableHours Worked,Government Benefit,Annual Wage,Toal Compensationaor
Given this information, does Luis have an incentive to work?
Yes
No
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