Answer:Substitution effect is greater than Income Effect
Explanation:
When there is increase in supply of labor as the wage rate increases then substitution effect dominates over Income effect.
on the other hand, When supply of labor decreases as the wage rate increases then income effect is stronger than substitution effect.
Here in this case with the increase in wage rate there is an increase in working hours. Therefore Substitution effect is greater than Income Effect
<span>True. Creativity and innovation are almost equal concepts because both are a source of new and creative ideas for designs, creations, thoughts, works of art and all kinds of projects that require creative thinking and constant innovation. They are not completely the same because creativity is creating in a different and particular way and innovation is the creation of novel works from new ideas not seen before. For this reason, they are almost the same.</span>
Answer:
One gains trust from others.
Answer:
To help people understand the society
Explanation:
