Jake experiences an increase in his wages. The hours of labor that he supplies to the market would decrease if
A、the income effect is larger than the substitution effect.;
B、the substitution effect is larger than the income effect.;
C、neither the income effect nor the substitution effect apply to Jake’s laborleisure tradeoff.;
D、Jake views both labor and leisure as inferior goods.
发布时间:2026-01-24 20:38:24