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When Tastes Are Quasilinear in Leisure, Which of the Following

Question 12

Multiple Choice

When tastes are quasilinear in leisure, which of the following is true:


A) The wage elasticity of labor supply is zero.
B) The wage elasticity of labor supply is positive.
C) The wage elasticity of labor supply is negative.
D) The wage elasticity of demand is negative.
E) Both (a) and (d) .
F) Both (b) and (d) .
G) Both (c) and (d) .

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