Why Could a Labour Supply Curve Be Backward Bending

question 102

Multiple Choice

Why could a labour supply curve be backward bending

• A)As wage increases, the opportunity cost of leisure increases even more.
• B)As wage increases, a person can enjoy more leisure because of the income effect
• C)As wage increases, the substitution effect dominates, then the income effect dominates.
• D)As wage increases, the income effect dominates, then the substitution effect dominates.

---

Definitions:

Performance Reviews

Evaluations typically conducted to assess and provide feedback on an employee's job performance over a set period.

Traditional Male Jobs

Occupations that have historically been dominated by men, often characterized by physical labor or technical skills.

More Liked

A comparative status indicating that something or someone is preferred or favored over others.

Older Workers

Employees within an organization who are generally considered to be near or beyond the traditional age of retirement, valued for their experience and knowledge.