An Increase in the Wage Rate Will Shift the Supply

question 120

True/False

An increase in the wage rate will shift the supply curve of labor.

---

Definitions:

Hexagon

A six-sided polygon characterized by six angles and six straight sides.

Abbreviation

A shortened form of a word or phrase used to save space and increase clarity in texts and drawings.

Across Flats

A measurement of the distance between two opposite flat surfaces, often used in reference to hexagons or squares.

Abbreviation

A shortened form of a word or phrase used in writing to represent the complete term.