annamerryberry1016
annamerryberry1016
17.07.2020 • 
Business

If Alan Shaw reduces his work hours when his salary increases, then: a. the substitution effect of his salary increase dominates the income effect.
b. leisure is an inferior good to Alan.
c. the income effect of his salary increase is completely offset by the substitution effect.
d. the income effect of his salary increase dominates the substitution effect

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