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If an individual's marginal rate of substitution (MRS) of leisure for work is greater than the prevailing wage rate: O A. the individual works only

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If an individual's marginal rate of substitution (MRS) of leisure for work is greater than the prevailing wage rate: O A. the individual works only if given a higher wage rate. O B. the individual is encouraged to work fewer hours. O c. it is the wage rate not the MRS that affects individual's decision to work. OD. the individual is encouraged to work more hours

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