The backwards bending supply curve of labor

Reference no: EM13260777

The backwards bending supply curve of labor is the result of ________ effect dominating when wages are low, ______ effect dominating at intermediate wages, and _______effect dominating when wages are high.

a.) Neither, The Income, The substitution

b.) The Income, Neither, The Substitution

c.) The Substitution, Neither, The Income

d.) The Income, The Substitution, Neither

Reference no: EM13260777

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