An Upward-Sloping Labor Supply Curve Implies That

question 13

Multiple Choice

An upward-sloping labor supply curve implies that

• A)a firm can always hire more workers, even without increasing the wage.
• B)more workers are willing to work when wages are low.
• C)more workers are willing to work as the market wage increases.
• D)labor supplied is fixed.
• E)there is a continuously increasing demand for labor.

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Definitions:

Anxiety

An emotion of anxiety or tension, characteristically over an event that is about to happen or whose result is indeterminate.

Sexual Gratification

Sexual Gratification refers to the pleasure or satisfaction derived from sexual activities or experiences.

Kissing

The act of pressing one's lips against the lips or skin of another person or object often as a gesture of affection or greeting.

Fixation

In psychology, an unhealthy or obsessive attachment to a person, object, or stage of development.