Business, 06.08.2019 03:30 yeet1570

Suppose the wage decreases. what effect will this have on a worker's labor supply? the substitution effect of a wage decrease causes the worker to supply (a larger/ the same/ a smaller) quantity of labor. the income effect of a wage decrease causes the worker to supply (the same/ a larger/ a smaller) quantity of labor. if the substitution effect is bigger than the income effect, then the supply curve will slope ( upward/ downward) .

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Suppose the wage decreases. what effect will this have on a worker's labor supply? the substitution...

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