The Market Supply Curve for Labor Is

question 217

Multiple Choice

The market supply curve for labor is

• A)derived from the market supply curve for the output produced with labor.
• B)perfectly inelastic if leisure is an inferior good.
• C)determined by adding up the quantity of labor supplied by each worker at each wage, holding constant all other variables that affect the willingness of workers to supply labor.
• D)determined by adding up the wages each worker is willing to work for at a given quantity supplied, holding constant all other variables that affect the willingness of workers to supply labor.