If Sharnae's Individual Labor Supply Curve Is Backward Sloping, Then

question 100

Multiple Choice

If Sharnae's individual labor supply curve is backward sloping, then Sharnae responds to an increase in her

• A)wage by working fewer hours per week.
• B)opportunity cost of leisure by taking more hours of leisure per week.
• C)wage by working more hours per week.
• D)Both a and b are correct.

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Definitions:

Igneous Feature

A geological formation that is formed from solidified magma or lava.

Laccolith

A dome-shaped igneous intrusion between rock layers, formed by the injection of magma.

Igneous Feature

A geological structure formed from the solidification of molten rock material, either below (intrusive) or on (extrusive) the Earth's surface.

Batholith

a large mass of intrusive igneous rock believed to have solidified deep beneath the Earth's surface.