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Author Question: If Tom's demand for leisure decreases as the wage increases: (Read 55 times)

mynx

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on: Jul 21, 2019
If Tom's demand for leisure decreases as the wage increases:
◦ the income effect is completely offset by the substitution effect.
◦ the substitution effect outweighs the income effect.
◦ the income effect outweighs the substitution effect.
◦ There is insufficient information.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by mynx on Jul 21, 2019

triiciiaa

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Reply #1 on: Jul 21, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mynx

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Reply #2 on: Jul 21, 2019
Excellent


triiciiaa

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Reply #3 on: Jul 21, 2019
Great! Please up vote :D


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