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The following utility function represents Rose's preference over consumption and leisure u(c,)=c+4 . Rose receives a real wage of 15 and a non-wage income of 2 . As a qualified recipient, Rose gets an additional non-wage income of 5 from the government through a cash transfer program. What is Rose's optimal choice of labor supply?.

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The following utility function represents Rose's preference over consumption and leisure u(c,)=c+4 . Rose receives a real wage of 15 and a non-wage income of 2 . As a qualified recipient, Rose gets an additional non-wage income of 5 from the government through a cash transfer program. What is Rose's optimal choice of labor supply?

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  • 1. The following utility function represents Rose's preference over consumption and leisure u(c,)=c+4 . Rose receives a real wage of 15 and a non-wage income of 2 . As a qualified recipient, Rose gets an additional non-wage income of 5 from the government through a cash transfer program. What is Rose's optimal choice of labor supply?