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BrendanOO7 BrendanOO7
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6 years ago
A mandated increase in overtime pay is likely to
A) raise the average costs of labor, even if all overtime hours were eliminated.
B) cause an increase in labor hours due to the scale effect.
C) cause employers to increase straight-time hourly wages to compensate (because of the "package" agreed upon).
D) cause an increase in labor hours due to the substitution effect.
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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alanialani
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#1
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6 years ago
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BrendanOO7 Author
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6 years ago
This calls for a celebration Person Raising Both Hands in Celebration
mambah4
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Yesterday
Smart ... Thanks!
jblazah
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2 hours ago
this is exactly what I needed
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