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.

---

Definitions:

Spinal Cord

In vertebrates, the nerve cord that is continuous with the base of the brain and housed within the vertebral column.

Medulla Oblongata

In vertebrates, part of the brain stem that is continuous with the spinal cord; controls heartbeat, blood pressure, breathing, and other vital functions.

Respiration

The biochemical process in living organisms involving the intake of oxygen and the release of carbon dioxide, essential for energy production.

Heartbeat

The rhythmic contraction of the heart, pumping blood through the circulatory system to provide oxygen and nutrients to the body.