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Satsume Satsume
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6 years ago
Assume that as the wage rate rises a worker's substitution effect for leisure is larger than the income effect.  We can conclude that in this region, the worker's
A) labor supply curve will be backward bending.
B) labor supply curve will have the usual upward slope.
C) labor supply curve will be completely inelastic.
D) supply curve will be horizontal.
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Microeconomics

Microeconomics


Edition: 8th
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Bart_argBart_arg
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