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An economist observes that Country A has a higher average wage but also significantly longer average working hours than Country B. According to the economic model of choice, this implies that the population in Country A has a stronger __________ for consumption relative to free time compared to the population in Country B.

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Updated 2025-07-17

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Introduction to Microeconomics Course

The Economy 2.0 Microeconomics @ CORE Econ

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