Which of the Following Helps to Explain Why the Supply

question 262

Multiple Choice

Which of the following helps to explain why the supply curve of labor is upward sloping?

• A)The supply curve of labor is a derived supply curve; since the output supply curve is upward-sloping so is the labor supply curve.
• B)As the wage rate rises, the income effect causes the quantity of labor supplied to increase.
• C)The substitution effect of a price change makes a good more expensive relative to other goods.
• D)As the wage rate rises, the opportunity cost of leisure rises.

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Definitions:

Douche

An irrigation of the vagina.

Pap Test

A screening procedure for cervical cancer involving the collection of cells from the cervix to look for abnormalities that may indicate cancer or precancerous conditions.

Preservative Solution

A chemical substance used to prevent decay or spoilage in foods, beverages, pharmaceuticals, or other perishable items.

Endocervix

The inner portion of the cervix, which is the canal connecting the uterus to the vagina.