Assuming consumption and leisure are both normal goods, hours worked will fall when the wage increases I

$00$:$53$:$40$

Multple Choice

the income effect dominates the substitution effect

the substitution effect dominates the income effect.

if the income and substitution effect move in the same direction $($i$.$e$.,$ if they are of the same sign$).$

if the income and substitution effect move in the opposite direction $($i$.$e$.,$ if they are of the opposite sign$).$

the wage increase is accompanied by an increase in prices