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Alex, a freelance programmer, successfully negotiates a higher hourly rate for a long-term project, increasing it from $50 to $65. Which of the following statements accurately analyzes the effect of this wage increase on the trade-off between consumption and free time?
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Alex, a freelance programmer, successfully negotiates a higher hourly rate for a long-term project, increasing it from $50 to $65. Which of the following statements accurately analyzes the effect of this wage increase on the trade-off between consumption and free time?
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