Question: Question content area Part 1 A worker's wage rises from $ 1 0 . 0 0 per hour to $ 1 2 . 5 0

Question content area
Part 1
A worker's wage rises from $10.00 per hour to $12.50 per hour. Will the individual work more hours?
Part 2
The worker will work
Part 3
A.
fewerfewer
hours if the substitution effect is
largerlarger
than the income effect.
B.
fewer hours due to the substitution effect and the income effect.
C.
fewer hours due to the substitution effect.
D.
fewerfewer
hours if the substitution effect is
smallersmaller
than the income effect.
E.
more hours due to the substitution effect and the income effect.

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