Fiona's Hourly Wage Decreases from $10 to $8

question 419

Multiple Choice

Fiona's hourly wage decreases from $10 to $8. Which of the following describes a consequence of the decrease in Fiona's wage?

• A)The opportunity cost of Fiona's leisure time has decreased.
• B)Fiona may choose to work more hours due to the decrease in her wage.
• C)Fiona may choose to work fewer hours due to the decrease in her wage.
• D)All of the above are correct.

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Definitions:

American People

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Large-scale commercial enterprises that have significant influence on the economy and politics of a country.

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A misleading survey designed to influence or alter the view of respondents under the guise of conducting a poll.