Question: Evaluate the following statement. Workers base their labor supply decisions on the wage rate and their wealth if they have any flexibility in setting their

Evaluate the following statement. Workers base their labor supply decisions on the wage rate and their wealth if they have any flexibility in setting their labor (work) hours. Yet it is not always possible that they can control their weekly work hours. This is even more prevalent if they are white-collar workers. Then shirking is likely to happen

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