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The quanitity of labor supplied by an individual such as a physcian A. Always falls when the wage rate rises B.Rises when the wage rate

The quanitity of labor supplied by an individual such as a physcian

A. Always falls when the wage rate rises

B.Rises when the wage rate rises at high wage levels because the income effect outweighs the substitution effect

C.always rises when the wage rate rises

D.Rises when the wage rate rises at low wage levels because the substitution effect outweighs the income effect.

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