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Meryl Works 10 Hours a Day in an Hourly Job

Question 70

Multiple Choice

Meryl works 10 hours a day in an hourly job that pays $15 per hour.Suppose her wage rate increases to a really high rate of $10,000 per hour.In this case,Meryl will ________.


A) supply more than 10 hours of work, because her wage rate is much higher
B) supply less than 10 hours of work, because she can now afford the time off
C) at first supply more, and then supply less than 10 hours of work
D) both A and B apply at the same time, and Meryl's supply will depend of their relative strengths

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