Fiona's Hourly Wage Increases from $8 to $10

question 349

Multiple Choice

Fiona's hourly wage increases from $8 to $10. Which of the following describes a consequence of the increase in Fiona's wage?

• A)The opportunity cost of Fiona's leisure time has decreased.
• B)Fiona may choose to work fewer hours due to the increase in her wage.
• C)If Fiona's labor supply curve is upward sloping, she will choose to work fewer hours.
• D)Both a and b are correct.

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Definitions:

Intramuscular

Referring to the administration of medication by injection directly into the muscle tissue.

Inhalation

The act of drawing air or other substances into the lungs, a critical process for respiratory function and administration of certain medications.

Intravenous

Pertaining to the administration of drugs, fluids, or nutrients directly into a vein through a needle or tube.

Night

The period from sunset to sunrise, characterized by darkness.