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- in Figure 30

Question 74

Multiple Choice

  - In Figure 30.1,the shift in the labor supply curve from S<sub>1</sub> to S<sub>2</sub> means that A) The marginal utility of labor has decreased. B) Workers are being paid higher wage rates,given their taste for work. C) The marginal utility of labor relative to leisure has increased.
- In Figure 30.1,the shift in the labor supply curve from S1 to S2 means that


A) The marginal utility of labor has decreased.
B) Workers are being paid higher wage rates,given their taste for work.
C) The marginal utility of labor relative to leisure has increased.

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