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asjstr asjstr
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5 years ago

Question 1.

A person who chooses ________ the labor force reveals that either leisure or the value of nonpaid labor is worth ________ to him or her than the value that society places on his or her potential product in the market.



▸ to stay in; more

▸ not to be in; more

▸ to exit; less

▸ to enter; more

Question 2.

In making labor supply decisions, ________ weigh the market wage against the value of leisure and time spent in unpaid household production.



▸ businesses

▸ financial markets

▸ households

▸ None of these is correct.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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Kutthroat K.Kutthroat K.
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Rep: 57 0
5 years ago
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asjstr Author
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5 years ago
You make an excellent tutor!
wyq2651
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Yesterday
Just got PERFECT on my quiz
dri
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2 hours ago
Brilliant ツ
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