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S Consider the following figure: WEI WH E₁₁ WL WF2 E DL A' T' When the wage continues to fall below WH, then O All adults, but no children, work O All adults work and just few families send their children to work O All adults work and more and more families send their children to work as the wage is decreasing rapidly O All adults and all children work

S Consider the following figure: WEI WH E₁₁ WL WF2 E DL A' T' When the wage continues to fall below WH, then O All adults, but no children, work O All adults work and just few families send their children to work O All adults work and more and more families send their children to work as the wage is decreasing rapidly O All adults and all children work

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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S Consider the following figure: WEI WH E₁₁ WL WF2 E DL A' T' When the wage continues to fall below WH, then O All adults, but no children, work O All adults work and just few families send their children to work O All adults work and more and more families send their children to work as the wage is decreasing rapidly O All adults and all children work
Transcribed Image Text:S Consider the following figure: WEI WH E₁₁ WL WF2 E DL A' T' When the wage continues to fall below WH, then O All adults, but no children, work O All adults work and just few families send their children to work O All adults work and more and more families send their children to work as the wage is decreasing rapidly O All adults and all children work
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