Roxanne's hourly wage increases from $9 to $13 . Which of the following describes a consequence of the increase in Roxanne's wage?
a. The opportunity cost of Roxanne's leisure time has increased.
b. Roxanne may choose to work fewer hours due to the increase in her wage.
c. If Roxanne's labor supply curve is upward sloping, she will choose to work fewer hours.
d. Both a and b are correct.
d
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