Which of the Following Statements Describes a Backward-Bending Labor Supply

question 8

Multiple Choice

Which of the following statements describes a backward-bending labor supply curve?

• A)Every hour that I work represents a loss of an hour of leisure.
• B)I asked for extra hours this month to pay for a new bicycle.
• C)When I received my last raise, I cut back on my overtime hours so that I could work fewer hours but earn the same amount of money per week.
• D)I worked more hours when I was younger.