Greta is an enthusiastic amateur gardener and spends a lot of her free time working in
Chapter 0, Problem 11(choose chapter or problem)
Greta is an enthusiastic amateur gardener and spends a lot of her free time working in her yard. She also has demanding and well-paid employment as a freelance advertising consultant. Because the advertising business is going through a difficult time, the hourly consulting fee Greta can charge falls. Greta decides to spend more time gardening and less time consulting. Explain her decision in terms of income and substitution effects.
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