Question: Using the budget constraint, p_xX p_yY = M, where C is consumption and l is leisure and T is total time, show that a cultural

Using the budget constraint, p_xX p_yY = M, where C is consumption and l is leisure and T is total time, show that a cultural constraint or government requirement to work 8 hours per day will tend to make total satisfaction in society lower than it could be if there is no restriction on the number of hours a worker chooses to work

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