Which of the Following Statements Would Be Represented by a Backward-Bending

question 105

Multiple Choice

Which of the following statements would be represented by a backward-bending labor supply curve?

• A)A $50, 000-a-year professor works more hours than a $20, 000-a-year professor.
• B)The CEO of a major computer manufacturer works more hours than the union workers.
• C)The owners of a successful business work fewer days than do their employees.
• D)Hospital janitors work fewer hours than does the chief of obstetrics.
• E)High-ranking executives are more likely to work past 5:00 p.m.than are middle managers.

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Definitions:

Creativity

The use of imagination or original ideas to create something; inventiveness.

Types Of Decisions

Decisions can be categorized based on complexity, urgency, and impact, such as strategic, tactical, operational, and routine decisions.

Equity Theory

A concept in social psychology that posits individuals are motivated by fairness, and if they identify inequalities in the input-outcome ratios compared to others, it will result in work-related tensions.

Comparison Other

An individual or group used as a reference point for evaluation, often influencing self-perception and behavior.