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    Exam 18: The Markets for the Factors of Production
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    If Workers Respond to an Increase in the Opportunity Cost
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If Workers Respond to an Increase in the Opportunity Cost

Question 138

Question 138

Multiple Choice

If workers respond to an increase in the opportunity cost of leisure by taking less leisure,then what is the shape of their labour supply curve


A) horizontal
B) vertical
C) downward sloping
D) upward sloping

Correct Answer:

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