Comment on the following statement: "The output effect and the input-substitution effect work in opposite directions,so it is possible that a decrease in the wage rate can lead to a decrease in the amount of labor hired."

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The Answer of Comment on the following statement: "The output effect and the input-substitution effect work in opposite directions,so it is possible that a decrease in the wage rate can lead to a decrease in the amount of labor hired."

Comment on the Following Statement: "The Output Effect and the Input-Substitution