4. If leisure is an inferior good, what can you say about the slope of the labor supply curve?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter4: Labor And Financial Markets
Section: Chapter Questions
Problem 13RQ: What is die price commonly called in the labor market?
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4.
If leisure is an inferior good, what can you say about
the slope of the labor supply curve?
1
Transcribed Image Text:4. If leisure is an inferior good, what can you say about the slope of the labor supply curve? 1
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