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 poorly paid job choose to work extra hours in order to raise their disposable income. However, the extra work cuts the state benefits they receive, so they are no better off. What is this called?

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

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