In the upward-sloping portion of the individual labour supply curve, the substitution effect is __________ the income effect.
A) greater than
B) less than
C) equal to
D) exactly offset by

Question

Quizplus · Accepted Answer

The Answer of In the upward-sloping portion of the individual labour supply curve, the substitution effect is __________ the income effect.
A) greater than
B) less than
C) equal to
D) exactly offset by

In the Upward-Sloping Portion of the Individual Labour Supply Curve