Multiple Choice
Which of the following statements describes a backward-bending labor supply curve?
A) Every hour that I work represents a loss of an hour of leisure.
B) I asked for extra hours this month to pay for a new bicycle.
C) When I received my last raise, I cut back on my overtime hours so that I could work fewer hours but earn the same amount of money per week.
D) I worked more hours when I was younger.
Correct Answer:

Verified
Correct Answer:
Verified
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