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question 11

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Use the following to answer questions :
Figure: The Time Allocation Budget Line Use the following to answer questions : Figure: The Time Allocation Budget Line   -Diana's labour supply curve changes slope and begins to bend backward at a wage of $44.Thus,for a wage _____ $44,the substitution effect of a wage increase will _____. A)  above;cause Diana to work fewer hours B)  below;cause Diana to work fewer hours C)  below;dominate the income effect D)  above;cause Diana to work more hours
-Diana's labour supply curve changes slope and begins to bend backward at a wage of $44.Thus,for a wage _____ $44,the substitution effect of a wage increase will _____.


Definitions:

Cheating

The act of being dishonest or not following the rules to gain an advantage or benefit.

Physically Fit

Describes a state of health and well-being achieved through exercise, nutrition, and sufficient rest, enabling the performance of daily activities with vigor.

Highly Physically Attractive

Referring to individuals who are considered to possess physical traits that align closely with societal or cultural standards of beauty.

Lower Status

Lower Status describes a position or ranking that is below others in terms of power, prestige, or importance within a social hierarchy.

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