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Author Question: When the ________ effect dominates the ________ effect, the labor supply curve is ________. A) ... (Read 157 times)

pane00

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on: Jun 29, 2018
When the ________ effect dominates the ________ effect, the labor supply curve is ________.
 
  A) income; substitution; vertical
  B) substitution; income; positively sloped
  C) income; substitution; negatively sloped
  D) substitution; income; horizontal

Question 2

The table above describes the market for paper. The production of paper produces pollution. There are no external benefits. What is the efficient amount of paper?
 
  A) 10 tons per week
  B) 60 tons per week
  C) 40 tons per week
  D) 30 tons per week


triiciiaa

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


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