Multiple Choice
Refer to the information provided in Figure 28.1 below to answer the question(s) that follow. Figure 28.1
-Refer to Figure 28.1. If the value people put on their leisure time increases, the equilibrium wage rate
A) could change from $9 to $6.
B) could change from $9 to $15.
C) would stay at $15.
D) would increase to $15.
Correct Answer:

Verified
Correct Answer:
Verified
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