1. What happens to the reservation wage if non-labour income increases and why?

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter10: Labor Markets And Income Distribution
Section: Chapter Questions
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1. What happens to the reservation wage if non-labour income increases and why?
2. What economic factor determined whether a person participates in the labour force?

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