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In the Case of Leisure,the Substitution Effect Implies That ________

Question 99

Multiple Choice

In the case of leisure,the substitution effect implies that ________.


A) when the price of leisure increases, people will work more
B) when the price of leisure increases, people will work less and relax more
C) if people tend to work more and relax less, the price of leisure increases
D) if people tend to work more and relax less, the price of leisure decreases

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