According to the backward-bending supply curve, as the hourly wage rate increases from 0 to $10,000 the

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According to the backward-bending supply curve, as the hourly wage rate increases from 0 to $10,000 the number of hours worked per week by the average person will ________.

a) be constant

b) decrease, then increase

c) increase, then decrease

d) increase steadily

e) decrease steadily

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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