The following figure shows the weekly income (in dollars) and leisure (in hours) of a worker using an indifference curve and a budget line.
Figure 17-1 
-Refer to Figure 17-1.If the number of leisure hours is OL2 after a change in the wage rate,it implies that:
A) the income effect of the wage change is greater than the substitution effect.
B) the income effect of the wage change is less than the substitution effect.
C) the income effect of the wage change exactly offsets the substitution effect.
D) the income and substitution effects of a wage change operate in the same direction.
Correct Answer:
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Q1: The following figure shows the weekly income
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