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Unformatted text preview: including leisure continued labour supply curve is upward-sloping when substitution effect > income effect backward-bending when income effect > substitution effect continued Lecture 12 29 October 2009 EC1000 A. Cohen 2 Quantity Labour Wage 0 20 30 35 5 10 15 A B Figure 9.10b Labour Supply Curve C LS...
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This note was uploaded on 01/09/2012 for the course ECON 1000 taught by Professor Paschakis during the Fall '08 term at York University.
- Fall '08