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BrendanOO7 BrendanOO7
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6 years ago
Indifference curves drawn with leisure and income on the axes have negative slopes
A) because people are willing to give up income to obtain more leisure and vice versa.
B) if a person likes leisure more than income.
C) because they cannot cross one another.
D) unless one of the goods is inferior.
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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MattVMattV
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6 years ago
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