Substitute goods for time in the production of commodities

Reference no: EM13836683

An explanation for my labor economics course A household will tend to substitute goods for time in the production of commodities if: a. a household member's market wage increases b. a household member's market wage decreases c. the substitution effect of a wage decrease exceeds the income effect d. the household's total income decreases

Reference no: EM13836683

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