You Are Willing to Work 30 Hours Per Week at Your

question 252

Multiple Choice

You are willing to work 30 hours per week at your standard wage rate. You would be willing to work an extra 10 hours each week if you could get an additional $5 per hour. This information reflects your

• A) marginal propensity to work.
• B) demand for labor.
• C) demand curve.
• D) supply of labor.

---

Definitions:

Below

A term used to indicate a lower level or position, or being beneath something else.

Sub-

A prefix meaning below, under, or beneath, often used to form nouns, adjectives, or verbs.

Toward

In the direction of; closer to a particular point or in consideration of.

Edema

Swelling caused by excess fluid trapped in the body's tissues, often seen in the feet, ankles, and legs.