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5.4 Elasticity in areas other than price  (Page 15/15)

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  • Card 15 / 15:
    wage elasticity of labor supply

    the percentage change in hours worked divided by the percentage change in wages

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Practice FlashCards 9 Key Terms 3

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Source:  OpenStax, Principles of economics. OpenStax CNX. Sep 19, 2014 Download for free at http://legacy.cnx.org/content/col11613/1.11
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