Choose one of the answers from the five choices provided. And please, also provide a brief description, explanation or argument for your choice. Thank you Bartleby! 3. Assuming that consumption and leisure are normal goods, working hours will decrease when wages increase if: (A). The income effect dominates the substitution effect. (B). The substitution effect dominates the income effect. (C). If the income and substitution effects move in the same direction (for example, if both have the same sign). (D). If the income effect and the substitution effect move in opposite directions (for example, if they have different signs). (E). The increase in wages is accompanied by an increase in prices.

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