Question: Question 6 1 pts Select below the answer that best completes the sentence. When the wage increases, the substitution effect is due to the fact

Question 6 1 pts Select below the answer that best completes the sentence. When the wage increases, the substitution effect is due to the fact that: O the consumer is less willing to trade labour against consumption. 0 the foregone income from an hour of leisure is now higher. 0 it takes more labour to consume the same quantity. 0 every hour worked is now worth more in terms of consumption

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