The Market Supply of Labour Curve Has a Positive Slope

question 140

Multiple Choice

The market supply of labour curve has a positive slope if higher wages induce households to choose

• A) leisure rather than supplying labour in the labour market.
• B) demanding labour rather than supplying it.
• C) supplying labour in the labour market rather than leisure.
• D) None of the above answers is correct.

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Definitions:

Well-Learned Responses

Behaviors that have become automatic or habitual through repeated practice or reinforcement.

Social Loafing

A phenomenon in which individuals decrease their effort when working in a group compared to when working alone.

Construct Accessibility

The ease with which a particular mental construct can be activated or brought to mind, often influenced by recent experiences or current mood.

Primacy Effect

The inclination to recall data presented at the start of a list more effectively than the subsequent information.