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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"
Iberian Peninsula
A peninsula in Southwest Europe, home to Spain, Portugal, Andorra, Gibraltar, and parts of France, characterized by distinct cultural and historical development.
Scandinavian Peninsula
A large peninsula in Northern Europe, comprising the countries of Norway and Sweden, characterized by its rugged terrain, extensive coastlines, and cold climate.
Concordat
An agreement between the Vatican and a secular government regarding the regulation of church affairs.
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