menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Microeconomics Study Set 10
  4. Exam
    Exam 18: The Markets for the Factors of Production
  5. Question
    If a Worker Responds to an Increase in the Opportunity
Solved

If a Worker Responds to an Increase in the Opportunity

Question 217

Question 217

Multiple Choice

If a worker responds 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.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q185: The labor supply curve reflects how workers'

Q212: Which of the following events could decrease

Q213: Economists refer to the inputs that firms

Q214: Scenario 18-4<br>In 1997, Albania experienced a civil

Q216: Scenario 18-7<br>Suppose the following events occur in

Q219: Table 18-10 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1273/.jpg" alt="Table 18-10

Q220: If a worker responds to an increase

Q221: An increase in the value of the

Q222: Table 18-7 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1273/.jpg" alt="Table 18-7

Q227: Stock dividends and interest payments are examples

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines