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Household will supply as long as the wage they receive is less than the value of their leisure time true or false?
Wiki User
∙ 9y ago
Household will supply as long as the wage received is less than the value of leisure time is a false statement. Household income must be more than leisure and necessities expenses to be able to sustain the monthly needs of a family, as well as have some savings. Ê
Wiki User
∙ 9y ago
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