The market supply of labor curve has a positive slope if higher wages induce households to choose
A) leisure rather than supplying labor in the labor market.
B) supplying labor in the labor market rather than leisure.
C) demanding labor rather than supplying it.
D) None of the above answers is correct.
B
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Refer to above figure. With free trade and no tariffs, what is the quantity of Widgets imported?
What will be an ideal response?
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What will be an ideal response?
The unique alphabetic name that identifies a listed stock is known as the:
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Figure 4.3 illustrates the demand for tacos. Assume that tacos and burritos are substitutes. A decrease in the price of burritos would bring about a movement from:
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