Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
nguyenduong67 nguyenduong67
wrote...
Go to Answer
Posts: 1028
Rep: 0 0
6 years ago
According to the substitution effect of labor supply, when the wage rate goes up
A) the opportunity cost of enjoying leisure goes down.
B) it becomes more costly to consume leisure, so people will work more.
C) firms will hire more workers since people are more willing to work.
D) it becomes less costly to consume leisure, so people will work more.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
Read 44 times
1 Reply
Replies
Answer verified by a subject expert
Lightman030Lightman030
wrote...
#1
Top Poster
Posts: 762
Rep: 10 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

nguyenduong67 Author
wrote...

6 years ago
Thanks
prime7105
wrote...

Yesterday
Smart ... Thanks!
dianeflunder
wrote...

2 hours ago
Helped a lot
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1272 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 1154
  
 263
  
 221
Your Opinion
Where do you get your textbooks?
Votes: 372
Previous poll results: Should Ph.D.'s be addressed as doctors?