One Reason an Individual Labour Supply Curve May Be Backward-Sloping

question 31

Multiple Choice

One reason an individual labour supply curve may be backward-sloping is that:
(i) work hours decline as technology raises worker productivity
(ii) a raise may prompt a person to devote more time to leisure than to work
(iii) a wage fall may cause a person to not work as hard

• A)(i)
• B)(i) and (ii)
• C)(i) and (iii)
• D)(ii) and (iii)

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Definitions:

McLuhan

A Canadian philosopher best known for his work on media theory, including the concepts of the global village and the medium is the message.

Traditional Sociology

The study of social behaviors, institutions, and functions using established theories and methodologies from the discipline's history.

Hyperreal

Baudrillard’s belief that people’s perceptions, as defined by media, lead to the sense of a simulated reality.

Simulation

The act of imitating the operation of a real-world process or system over time, often used for analysis, training, or entertainment.