Economics 9708 · AS & A Level · Long-run costs and economies of scale

Long-run costs and economies of scale — practice question

Some employees in a low-paid job choose to work more hours in order to raise their disposable income. Yet this choice cuts the state-provided benefits they receive, so they are no better off. What does this describe?

  • Adebt trap
  • Bliquidity trap
  • Cpoverty trap
  • Dunemployment trap

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