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The elasticity of labor supply measures the Multiple Choice opportunity cost of labor. magnitude of the substitution effect of labor. responsiveness of the wage rate
The elasticity of labor supply measures the
Multiple Choice
opportunity cost of labor.
magnitude of the substitution effect of labor.
responsiveness of the wage rate to changes in the labor supplied.
responsiveness of labor supplied to changes in the wage rate.
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Using Stata For Principles Of Econometrics
Authors: Adkins, Lee C Adkins, R Carter Hill
4th Edition
111803208X, 9781118032084
