The substitution effect of an increase in the wage rate influences a worker to consuming more leisure.

Answer the following statement true (T) or false (F)

False

Economics

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For most goods and most people, marginal utility probably: a. continues to increase as larger quantities are purchased. b. declines as consumption increases

c. plummets after the first few units but soon begins to rise. d. is negative after the first unit of a good is purchased.

Economics

In 2000, the top 100 transnational companies produced about _____________ percent of the entire world's output

A) 2.1 B) 4.3 C) 10.5 D) 22.1

Economics