Since we all like to get richer, so when wage rate increases we ...

[ereecah]

Since we all like to get richer, so when wage rate increases we always like to work longer hours to make more income.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Since the slope of a downward-sloping demand curve is constant, the price elasticity of demand does not change when moving along this line.
 a. True
  b. False
  Indicate whether the statement is true or false

[Silverbeard98]

Answer to Question 1

False

Answer to Question 2

False

[ereecah]

Thanks for the timely response, appreciate it

[scikid]

Great answer, keep it coming