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In an upward-sloping section of a labor supply curve, ________.

prpnum1

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In an upward-sloping section of a labor supply curve, ________.

In an upward-sloping section of a labor supply curve, ________.

▸ a change in the wage rate does not result in any change in the quantity of labor supplied

▸ a change in the wage rate results in the quantity of labor supplied changing in the opposite direction

▸ a change in the wage rate results in the quantity of labor supplied changing in the same direction

▸ the wage rate does not change as the quantity of labor supplied changes

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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whtsi_ep3

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prpnum1 Author

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Good timing, thanks!

djeghri

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Thanks

Morgan-C

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Thank you, thank you, thank you!

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