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The individual supply curve for labor may have a negative slope because as wages rise, the person could earn more by working less as wages
The individual supply curve for labor may have a negative slope because as wages rise, the person could earn more by working less as wages fall, the person wishes to work fewer hours because of lower compensation as wages rise, the person wishes to work more hours because leisure (not working) is more expensive None of the above
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Business Statistics for Contemporary Decision Making
Authors: Ken Black
6th Edition
978-0470409015, 9780470559062, 470409010, 470559063, 978-0470910184
