If a Worker Respond to an Increase in the Opportunity

question 168

Multiple Choice

If a worker respond to an increase in the opportunity cost of leisure by taking less leisure, then his labor supply curve is

• A) horizontal.
• B) vertical.
• C) backward sloping.
• D) upward sloping.

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Definitions:

Persuasive Business Messages

Communications designed to influence the thoughts or actions of others in a business context.

Problem Solving

The process of identifying a problem, developing possible solutions, and implementing a strategy to address the issue.

Persuasive Business Messages

Communications designed to influence the attitudes or behaviors of others in a business context.

Common Categories

Common categories refer to general classifications or groups into which items, ideas, or concepts are organized based on shared characteristics or attributes.