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Consumer choice of labor supply

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Reference no: EM131260015

How will the following events/policies aect the consumer's choice of labor supply if at all? Be specic as possible about income and substitution effects:

(a) A raise in wage rate

(b) A labor income tax on all income.

(c) A labor income tax on all labor income beyond the first 20 hours.

Reference no: EM131260015

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