Multiple Choice
Figure 21-15
-Refer to Figure 21-15. Shemar experiences an increase in his hourly wage. His optimal choice point moves from A to B. For Shemar,
A) his labor supply curve is upward sloping.
B) his labor supply curve is backward bending.
C) leisure is a normal good.
D) labor is an inferior good.
Correct Answer:

Verified
Correct Answer:
Verified
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