Which of the Following Two Statements Is True of the Graph

question 6

Multiple Choice

Which of the following two statements is true of the graph shown above?
Statement 1:The graph leads to a supply of labor curve that is positively sloped throughout.
Statement 2:The opportunity cost of leisure is lower at point A than at point D.

• A)Statement 1
• B) Statement 2
• C)Both statements are true
• D)None of the statements is true

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