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
A worker's wage rises from $ per hour to $ per hour. Will the individual work more hours?
Part
The worker will work
Part
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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