Figure 17-3 -Refer to Figure 17-3.In Panel A, at High Wages (Segment

question 242

Multiple Choice

Figure 17-3

-Refer to Figure 17-3.In Panel A, at high wages (segment iii)

• A)the price of leisure is rising relative to the price of labor.
• B)the price of leisure is falling relative to the price of labor.
• C)laborers work more as wages increase.
• D)labor suppliers take more leisure as wages increase.

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