A rational person can have a negatively-sloped labor supply curve.
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Q37: Giffen goods violate the law of demand.
Q38: At a consumer's optimal choice, the consumer
Q39: When indifference curves are bowed inward, the
Q40: A consumer's optimal choice is affected by
Q41: Figure 21-17
The graph shows two budget constraints
Q43: Katie wins $3 million in her state's
Q44: The theory of consumer choice is representative
Q45: Consumers face tradeoffs except at the point
Q46: Susie wins $2 million in her state's
Q47: Consumer will always consume more of a
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