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As the Wage Rate Rises,the Quantity of Labor an Individual

Question 40

Multiple Choice

As the wage rate rises,the quantity of labor an individual supplies


A) decreases at all wage rates.
B) initially decreases at low wage rates and then increases at high wage rates.
C) increases at all wage rates.
D) initially increases at low wage rates and then decreases at high wage rates.
E) does not change.

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