If a Worker Responds to an Increase in the Opportunity

question 217

Multiple Choice

If a worker responds to an increase in the opportunity cost of leisure by taking less leisure, then his labor supply curve is

• A)horizontal.
• B)vertical.
• C)backward sloping.
• D)upward sloping.

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Definitions:

Environmental Stimuli

External events or circumstances that can affect an organism's behavior or physiological responses.

Mental Associations

Mental associations are connections made between different ideas, feelings, or memories in the mind.

Observable Behavior

Actions or reactions of an individual that can be directly seen and measured, as opposed to thoughts or feelings that are internal.

Cognitive Theory

A theory of psychology that emphasizes internal states, such as motivation, problem solving, decision-making, and thinking.