A Leftward Shift in the Labor Supply Curve Would Result

question 182

Multiple Choice

A leftward shift in the labor supply curve would result if:

• A) people value leisure less highly.
• B) people have less nonlabor income.
• C) transit costs to and from work decline.
• D) the population decreases.

---

Definitions:

Drinking Water

Water that is safe and clean for human consumption, free from contaminants and harmful organisms.

Equilibrium Expression

A mathematical representation of the ratio of the concentrations of products to reactants at equilibrium, indicating the extent of a reaction.

Reaction

A process in which substances interact, leading to the transformation of chemical substances into others through the making and breaking of chemical bonds.

Arsenic

A toxic metalloid element with the symbol As, used in various alloys, semiconductors, and as a poison.