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    Exam 22: The Theory of Consumer Choice
  5. Question
    An Upward-Sloping Individual Labour Supply Curve Is Indicative Of
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An Upward-Sloping Individual Labour Supply Curve Is Indicative Of

Question 22

Question 22

Multiple Choice

An upward-sloping individual labour supply curve is indicative of:


A) dominant substitution effects
B) dominant income effects
C) individuals that reduce work effort (hours) as income rises
D) an upward-sloping demand for leisure

Correct Answer:

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