Figure: Work Leisure Refer to the figure. Which statement is FALSE?
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.

Question

Figure: Work Leisure  Refer to the figure. Which statement is FALSE?
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.

Quizplus · Accepted Answer

The Answer of Figure: Work Leisure  Refer to the figure. Which statement is FALSE?
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.

Figure: Work Leisure Refer to the Figure