-Refer to the Diagram Above

Multiple Choice

-Refer to the diagram above. Which of the following is a true statement?

A) backward-bending supply curves for labor are typical in the short run
B) workers react to higher wages by working more hours in the long run
C) long run reaction to higher wages is an increase in hours worked to gain more income
D) backward-bending supply curves for labor are not typical in the short run