=+c. Now suppose that a household labor-saving technology (such as an automatic vacuum cleaner) is invented and
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=+c. Now suppose that a household labor-saving technology (such as an automatic vacuum cleaner)
is invented and both workers experience the same increase in their leisure endowment. If leisure is quasilinear for both workers, will there be any impact on the labor market?
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Related Book For
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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