According to economic theory, at lower wage levels, the wage and number of hours worked tend to be positively correlated because

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    workers are required to work a certain number of hours or lose all income completely.
     higher levels of income are more desirable.
     low levels of income are undesirable.
     the worker can purchase more goods and services and so the opportunity cost of leisure rises.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

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the worker can purchase more goods and services and so the opportunity cost of leisure rises.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)



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