The Labor Supply Curve

question 54

Multiple Choice

The labor supply curve:

• A) shows the relationship between the total quantity of labor supplied by all firms in the economy and the wage rate.
• B) shows that, all things being equal, more workers will want to work when wages are higher and fewer will want to work when wages are lower.
• C) has a negative slope.
• D) All of these are true.

---

Definitions:

Jean-Jacques Rousseau

An 18th-century Genevan philosopher, writer, and composer whose ideas on education, society, and government had a profound influence on the Enlightenment and the French Revolution.

Sensibility

The capacity to feel, perceive, or experience subjectively, often associated with acute perception of emotions and aesthetics.

Human Capacity

The potential or ability inherent in humans to think, learn, adapt, and engage in complex activities.

Fête Galante

French, “gallant [outdoor] party.”