Use the following to answer questions:
Figure: Davina's Labor Supply Choice 
-(Figure: Davina's Labor Supply Choice) The figure Davina's Labor Supply Choice shows Davina's time allocation budget line when her hourly wage is $10 or $15 and she has 80 hours to allocate between labor and leisure; it also shows two of her indifference curves for income and leisure. Davina's labor supply curve is _____ as her hourly wage rises from $10 to $15.
Definitions:
Exchange Rates
The value of one currency expressed in terms of another currency.
Exchange Rate Fluctuations
Variations in the value of one currency relative to another, which can affect the profitability of international investments and trade.
Deferred Payment
A delayed payment agreement which allows the buyer to take possession of goods or services upfront and pay for them at a later date.
Cash Flows
The gross amount of financial inflows and outflows within a company, crucially impacting its liquidity status.
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