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Consider a labor market in equilibrium. If the demand curve shifts to the right while the supply curve shifts to the left, then the wage rate in the market will ________.
Instrinsically Rewarding
Activities or actions that are rewarding in themselves, providing personal satisfaction and pleasure without the need for external rewards.
Flow
describes a mental state of being fully immersed and engaged in an activity, where time seems to pass unnoticed, and the person is performing at their maximum potential.
Work
An activity that produces something of value for others.
Play
Engaging in activities for enjoyment and recreation rather than a serious or practical purpose.
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