Some Suggest That Many New York Taxi Drivers Set an Income

Multiple Choice

Some suggest that many New York taxi drivers set an income goal for the week and finish work once they have achieved that goal. Since the effective hourly wage is higher on busy days, choosing to stop working when a particular income goal is reached is:

A) consistent with an upward-sloping labor supply curve since the quantity of labor supplied is higher when the wage is higher.
B) consistent with an upward-sloping labor supply curve since the quantity of labor supplied is lower when the wage is higher.
C) inconsistent with an upward-sloping labor supply curve since the quantity of labor supplied is lower when the wage is higher.
D) inconsistent with an upward-sloping labor supply curve since the quantity of labor supplied is higher when the wage is higher.