Examlex
What are the personal components of emotional intelligence?
Substitution Effect
The change in the quantity demanded of a good that results from a change in price, making the good more or less expensive relative to other goods.
Wage Increase
An upward adjustment in the amount of money that workers are paid per hour, day, or work performed.
Labor Supply
The total hours that workers wish to work at a given wage rate.
Leisure
Time free from work or duties, which can be used for relaxation, recreation, or personal activities that one enjoys.
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