
Microeconomics 9th Edition by Stephen Slavin
النسخة 9الرقم المعياري الدولي: 9780077426767
Microeconomics 9th Edition by Stephen Slavin
النسخة 9الرقم المعياري الدولي: 9780077426767 تمرين 27
According to the theory of the backward-bending labor supply curve, ___.
A) first the substitution effect sets in, then the income effect
B) first the income effect sets in, then the substitution effect
C) the substitution effect and the income effect set in at the same time
D) there is neither a substitution effect nor an income effect
A) first the substitution effect sets in, then the income effect
B) first the income effect sets in, then the substitution effect
C) the substitution effect and the income effect set in at the same time
D) there is neither a substitution effect nor an income effect
التوضيح
Hence, the option d) is incorrect.
Incom...
Microeconomics 9th Edition by Stephen Slavin
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