Overtime maintains the substitution effect at high labour supply, but the income effect (from wages increasing on all previous hours worked) is eliminated.
However, the income effect from the wages increasing on all thw previous hours worked is eliminated. Overtime maintains the substitution effect at a high labour supply.
Overtime maintains the substitution effect at a high labour supply. However, the income effect from the wages increasing on all thw previous hours worked is eliminated.
Overtime maintains the substitution effect at a high labour supply. However, the income effect from the wages increasing on all thw previous hours worked is eliminated.