Examlex
What category of auto repair fraud does enhancing or creating damage fall under?
Income Effect
The change in an individual's or economy's income and how that change will impact the quantity demanded of a good or service.
Substitution Effect
The change in consumption patterns due to a change in the relative prices of goods, leading a consumer to substitute one good for another.
Labor Supplied
Represents the total hours that workers are willing and able to work at a given wage rate.
Leisure
free time when individuals are not working, available for relaxation or activities of personal choice.
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