Author Question: When the ________ effect dominates the ________ effect, the labor supply curve is ________. A) ... (Read 148 times)

pane00

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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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Answer to Question 1

C

Answer to Question 2

D



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