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Ceteris paribus, a labor market policy that changes the marginal benet of an hour of work in the labor market 0 increases the reservation wage.
Ceteris paribus, a labor market policy that changes the marginal benet of an hour of work in the labor market 0 increases the reservation wage. O shifts the budget constraint. 0 pivots the indifference curves. 0 changes the slope of the budget constraint. 0 extends the length of the x-axis
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