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In the Short Run,the Labour Supply Curve for Most People

Question 34

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.

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