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Flor's Hourly Wage Increases from $8 to $10

Question 10

Multiple Choice

Flor's hourly wage increases from $8 to $10.Which of the following describes a consequence of the increase in Flor's wage?


A) The opportunity cost of Flor's leisure time has decreased.
B) If Flor's labor supply curve is upward-sloping, she will choose to work fewer hours.
C) Flor will not want a higher wage to maintain her more affluent status.
D) Flor may choose to work fewer hours due to the increase in her wage.
E) If Flor's labor supply curve is downward-sloping, she will choose to work more hours.

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