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Author Question: Refer to Figure 17-3. In Panel A, at low wages (segment i) A) labor suppliers demand more leisure ... (Read 14 times)

Haya94

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Refer to Figure 17-3. In Panel A, at low wages (segment i)
 
  A) labor suppliers demand more leisure as wages increase.
  B) the substitution effect outweighs the income effect.
  C) the income effect outweighs the substitution effect.
  D) the substitution effect offsets the income effect.

Question 2

Bubba's Hula Shack bar and bistro has begun giving customers who can show proof that they arrived at the establishment by public transportation a 10 percent discount on their total bill. This is an example of
 
  A) two-part tariff pricing. B) odd pricing.
  C) arbitrage. D) price discrimination.


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ankilker

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Haya94

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Reply 2 on: Jun 29, 2018
Excellent


kswal303

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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