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Ilovebacon22 Ilovebacon22
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Question 1.

A decrease in the amount of human capital acquired by workers will lead to decrease in the supply of labor.

• true

• false

Question 2.

An individual's labor supply curve shows

• the maximum wage rates offered to that individual by various potential employers.

• the relationship between wages and the quantity of labor that she is willing to supply.

• the relationship between wages and the quantity of labor that a firm is willing to employ.

• the relationship between the quantity of hours worked and total income earned by that individual.
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
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mcwieckmcwieck
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Ilovebacon22 Author
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Smart ... Thanks!
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