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55 The labor supply curve reflects how Group of answer choices workers' decisions about the labor-leisure tradeoff respond to a change in the wage. workers'

55

The labor supply curve reflects how

Group of answer choices

workers' decisions about the labor-leisure tradeoff respond to a change in the wage.

workers' decisions about the opportunity cost of labor respond to a change in the quantity of labor supplied.

firms' decisions about the labor-leisure tradeoff respond to the quantity of labor demanded.

firms' decisions about how the quantity of labor they hire respond to changes in their opportunities to earn profits.

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