If Alex seeks to maintain a constant income level, and all workers in his industry, including Alex, get a wage increase, which of the following will always be true?
A)Alex will have a backward bending supply curve for his labor
B)The market supply of labor curve will be backward bending for Alex's type of work
C)The substitution effect of the wage increase leads to less work
D)The income effect of the raise causes Alex to work more

Question

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The Answer of If Alex seeks to maintain a constant income level, and all workers in his industry, including Alex, get a wage increase, which of the following will always be true?
A)Alex will have a backward bending supply curve for his labor
B)The market supply of labor curve will be backward bending for Alex's type of work
C)The substitution effect of the wage increase leads to less work
D)The income effect of the raise causes Alex to work more

If Alex Seeks to Maintain a Constant Income Level, and All