If the Wages of a Dentist Increase, Which of the Following

question 123

Multiple Choice

If the wages of a dentist increase, which of the following statements is not true?

• A)Her opportunity cost of leisure increases.
• B)Her hours of labor supplied may increase.
• C)Her hours of labor supplied may decrease.
• D)Her opportunity cost of leisure decreases.

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Definitions:

Observable Behaviors

Actions or reactions of individuals or systems that can be directly seen or measured.

Pragmatists

Thinkers or philosophers who judge the truth of theories or beliefs in terms of the success of their practical application.

Subconscious

The part of the mind that is not fully aware but influences actions and feelings.

Reality

The state or quality of having existence or substance; the world or state of things as they actually exist.