Acme Market Increased Wages for Their Cashiers from $7/hr to $9/hr.pat,a

Question 57
Multiple Choice

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