Business, 10.10.2019 17:10 tamyahamlin02p6b7yt

Daniel had been earning $67 per hour and working 45 hours per week. then daniel's wage changes to $76 per hour, and as a result, he now works 40 hours per week. what can we conclude from this information about the income effect and the substitution effect of a wage change for daniel? the substitution effect causes daniel to devote ▼ less the same amount of more time to working, the income effect causes daniel to devote ▼ less the same amount of more time to working, and the substitution effect is ▼ larger than the same size as smaller than the income effect.

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Daniel had been earning $67 per hour and working 45 hours per week. then daniel's wage changes to $7...

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