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Title: If a person supplies fewer hours of labor in response to a wage increase, then Post by: MrsAngelD on Nov 12, 2017 If a person supplies fewer hours of labor in response to a wage increase, then
A) the substitution effect is greater than the income effect. B) the income effect is greater than the substitution effect. C) the income effect equals the substitution effect. D) the person is not maximizing utility. Title: Re: If a person supplies fewer hours of labor in response to a wage increase, then Post by: SaHiN22 on Nov 12, 2017 Content hidden
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