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nguyenduong67 nguyenduong67
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6 years ago
According to the income effect of labor supply, if leisure is a normal good, then an increase in the wage rate will ________ the quantity of labor ________.
A) decrease; supplied
B) decrease; demanded
C) increase; demanded
D) increase; supplied
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Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
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trumpetsoflifetrumpetsoflife
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6 years ago
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