According to economist Colin Camerer of the California Institute of Technology, many New York - 6113

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11) According to economist Colin Camerer of the California Institute of Technology, many New York taxi drivers decide when to finish work by setting an income goal for themselves. If this is true, then on busy days when the effective hourly wage is higher, taxi drivers will

 

A.

work the same number of hours as they will on slower days

 

B.

work fewer hours than they will on slower days

 

C.

work more hours than they will on slower days

 

D.

not work any hours

Solution Description

The ans