If molly bee increases her work hours when her wage increases, then
a. the substitution effect...
If molly bee increases her work hours when her wage increases, then
a. the substitution effect of the wage increase outweighs the income effect.
b. molly is spending beyond her means.
c. leisure is an inferior good to molly.
d. the income effect of the wage increase outweighs the substitution effect.
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