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Author Question: An increase in wages raises the opportunity cost of leisure and leads to an increase in the quantity ... (Read 163 times)

humphriesbr@me.com

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on: Jun 29, 2018
An increase in wages raises the opportunity cost of leisure and leads to an increase in the quantity of labor supplied.
 
  Indicate whether the statement is true or false

Question 2

Refer to Figure 22-3. Which of the following would cause an economy to move from a point like A in the figure above to a point like B?
 
  A) an increase in capital per hour worked B) a decrease in capital per hour worked
  C) an improvement in technology D) a technological regression
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FergA

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Reply #1 on: Jun 29, 2018
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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humphriesbr@me.com

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

FergA

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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