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.
Correct Answer:

Verified
Correct Answer:
Verified
Q6: Use the accompanying table, which shows the
Q7: Beth is deciding whether to pick up
Q9: The labor supply curve is given by
Q11: Use the accompanying table, which shows the
Q12: Refer to the accompanying graphs to answer
Q13: The labor supply curve is given by
Q38: Derived demand is<br>A) consumer demand for goods
Q50: Immigration is when<br>A) foreign persons enter another
Q62: If the price of pencils falls,the marginal
Q171: After World War II,social norms relating to