Essay
What is the shape of the labor supply curve implied by the following statements?
a."I'm sorry, kids, but now that I'm earning more, I just can't afford to come home early in the afternoon, so I won't be here when you get home from school."
b."They can pay me a lot or they can pay me a little.I'll still put in my 8 hours a day."
c."Now that I have received a salary increase, I am going to work 36 hours instead of 40 hours a week"
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a.upward s...View Answer
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