why is it important to understand differences in tjme use across different population groups? why does the valuation placed on an extra hour of free time, post-Covid 19 restrictions, by different groups of Australians surveyed by Nab imply about their current position on their indifference curve? (hint: what is their MRS af this point, and how is this related to the indifference curve?)

The ways in which people choose to spend their time can provide important information to economists and other social scientists who study human behaviour. In particular, differences in how people use their time are often indicative of inequalities in important economic outcomes. Read the two articles below. . How do pecole across the world spend their time and what does this tell us about living conditions? . COVIO hasn't changed the way we use our time, but one group of women put a high price on theirs. Make TWO POSTS as follows by 11pm Monday March 22. Post one (original contribution): Why is it important to understand differences in time use across different population groups? What does the valuation placed on an extra hour of free time, post-COVID 19 restrictions, by different groups of Australians surveyed by NAB imply about their current position on their indifference curve? (Hint: What is their MRS at this point, and how is this related to the indifference curve? This post should be between 100 and 100 words. The ways in which people choose to spend their time can provide important information to economists and other social scientists who study human behaviour. In particular, differences in how people use their time are often indicative of inequalities in important economic outcomes. Read the two articles below. . How do pecole across the world spend their time and what does this tell us about living conditions? . COVIO hasn't changed the way we use our time, but one group of women put a high price on theirs. Make TWO POSTS as follows by 11pm Monday March 22. Post one (original contribution): Why is it important to understand differences in time use across different population groups? What does the valuation placed on an extra hour of free time, post-COVID 19 restrictions, by different groups of Australians surveyed by NAB imply about their current position on their indifference curve? (Hint: What is their MRS at this point, and how is this related to the indifference curve? This post should be between 100 and 100 words