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A) at 13 Hours of Leisure and Income of $45

Question 25

Multiple Choice

A) At 13 hours of leisure and income of $45.19, the worker earns a wage of $4.17 an hour. B) The labor supply curve is downward sloping. C) The substitution effect dominates the income effect. D) This worker chooses to work more hours if paid higher wages.


A) At 13 hours of leisure and income of $45.19, the worker earns a wage of $4.17 an hour.
B) The labor supply curve is downward sloping.
C) The substitution effect dominates the income effect.
D) This worker chooses to work more hours if paid higher wages.

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