Ellen receives a raise at her current part-time job from $8 to $10 per hour. If her labor supply curve is upward sloping, she will work fewer hours after receiving the pay raise
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Health insurance features that tend to reduce moral hazard include
a. deductibles. b. coinsurance c. copayments d. all of the above
Economics
Consider a market for fish whose market demand and market supply for fish is specified as Qd = 300 ? 2.5P and Qs = ? 20 + 1.5P, respectively. The equilibrium price and quantity is:
A. $100 and 80, respectively. B. $80 and 100, respectively. C. $100 and 130, respectively. D. $40 and 200, respectively.
Economics