Multiple Choice
Use the following to answer questions :
Figure: The Time Allocation Budget Line 
-If the labour supply curve bends backward,then the backward-bending portion reveals that _____ is a(n) _____ good and the _____ effect is greater than the _____ effect.
A) labour;normal;income;substitution
B) labour;inferior;substitution;income
C) leisure;normal;income;substitution
D) leisure;inferior;substitution;income
Correct Answer:
Verified
Correct Answer:
Verified
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