Acme Market Increased Wages for Their Cashiers from $7/hr to $9/hr.pat,a
Acme Market increased wages for their cashiers from $7/hr to $9/hr.Pat,a cashier at Acme,now works 30hrs/week instead of the 25hrs/week hours Pat used to work before the wage increase.On the other hand Chris,also a cashier at Acme decreased his work time by 5hrs/week after the wage increase and started to spend more time watching TV.
Chris's behavior can be best explained as the _______ of high wage rates.
A) demand effect
B) supply effect
C) income effect
D) substitution effect