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    Principles of Microeconomics
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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 106

Question 106

Multiple Choice

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


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

Correct Answer:

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