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:

Impulsiveness

The tendency to act on a whim, displaying behavior characterized by little or no forethought, reflection, or consideration of the consequences.

Inattention

The lack of focus or concentration on a task or environment.

Low Tolerance

A minimal level of patience or ability to endure something, especially discomfort, opposing opinions, or behaviors.

Inappropriate Activity

Actions or behaviors that are not suitable or proper in a given context or situation.