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MrsAngelD MrsAngelD
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6 years ago
If a person supplies fewer hours of labor in response to a wage increase, then
A) the substitution effect is greater than the income effect.
B) the income effect is greater than the substitution effect.
C) the income effect equals the substitution effect.
D) the person is not maximizing utility.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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SaHiN22SaHiN22
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#1
Posts: 246
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6 years ago
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MrsAngelD Author
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6 years ago
Good timing, thanks!
patod1
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Yesterday
This helped my grade so much Perfect
deathwing
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2 hours ago
Helped a lot
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