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Author Question: If a person supplies fewer hours of labor in response to a wage increase, then A) the ... (Read 39 times)

humphriesbr@me.com

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on: Jul 1, 2018
If a person supplies fewer hours of labor in response to a wage increase, then
 
  A) the substitution effect is greater than the income effect.
  B) the income effect is greater than the substitution effect.
  C) the income effect equals the substitution effect.
  D) the person is not maximizing utility.

Question 2

If a person supplies more hours of labor in response to a wage increase, then
 
  A) the substitution effect is greater than the income effect.
  B) the income effect is greater than the substitution effect.
  C) the income effect equals the substitution effect.
  D) the person is not maximizing utility.
Microeconomics ¦ Perloff ¦ 8th Edition
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allisonblackmore

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Reply #1 on: Jul 1, 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: Jul 1, 2018
Great answer, keep it coming :)

meow1234

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Reply 3 on: Yesterday
Wow, this really help

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