Multiple Choice
In the short run,the labour supply curve for most people slopes upward because
A) labour supply experiences increasing marginal returns.
B) the substitution effect is completely offset by the income effect.
C) there is a direct relationship between the quantity of labour supplied and the quantity of labour demanded.
D) the substitution effect is stronger than the income effect.
Correct Answer:

Verified
Correct Answer:
Verified
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Q31: Figure 6.1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4177/.jpg" alt="Figure 6.1
Q32: Figure 6.3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4177/.jpg" alt="Figure 6.3
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