What Is the Shape of the Labor Supply Curve Implied

question 13

Essay

What is the shape of the labor supply curve implied by the following statements?
a."I'm sorry, kids, but now that I'm earning more, I just can't afford to come home early in the afternoon, so I won't be here when you get home from school."
b."They can pay me a lot or they can pay me a little.I'll still put in my 8 hours a day."
c."Now that I have received a salary increase, I am going to work 36 hours instead of 40 hours a week"

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Definitions:

External Force

Influences originating outside an individual or system that can affect behaviors, decisions, or change trajectories.

Conscientious

A personality trait characterized by being diligent, careful, meticulous, and responsible.

Perfection

The state or condition of being free from any flaws or defects.

Burnout

A condition of emotional, mental, and physical exhaustion in response to long-term job stressors.