If Emma's Individual Labor Supply Curve Is Upward Sloping,then Emma

question 343

Multiple Choice

If Emma's individual labor supply curve is upward sloping,then Emma responds to an increase in

• A) the wage by working more hours per week.
• B) the opportunity cost of leisure by working fewer hours per week.
• C) the opportunity cost of leisure by taking more hours of leisure per week.
• D) Both a and b are correct.

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Definitions:

Approach-Avoidance

Used to describe situations where a person is attracted to and repelled by the same object, event, or situation all at once.

Positive And Negative Aspects

Refers to the beneficial or detrimental impacts or characteristics associated with a particular subject or activity.

Goal Or Event

A specific achievement or occurrence that an individual or group aims to reach or experiences.

Uplifts

The positive experiences in life, which may neutralize the effects of many hassles.