a. Once again: Why does the chapter say that elasticity 5 escape? (This is worth remembering: Elasticity

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a. Once again: Why does the chapter say that elasticity 5 escape? (This is worth remembering: Elasticity is one of the toughest ideas for most economics students.)
b. Which two groups of workers did we say have a relatively high elasticity of labor supply? Keep this in mind as politicians debate raising or lowering taxes on different types of workers: These two groups are the ones most likely to make big changes in their behavior.
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Modern Principles of Economics

ISBN: 978-1429278393

3rd edition

Authors: Tyler Cowen, Alex Tabarrok

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