Multiple Choice
If workers suddenly decide to value more their leisure time than before,this
A) shifts the labor supply curve to the left, resulting in a wage increase and less workers hired.
B) shifts the labor supply curve to the right, resulting in a wage increase and less workers hired.
C) shifts the labor supply curve to the left, resulting in a wage decrease and less workers hired.
D) shifts the labor supply curve to the right, resulting in a wage increase and more workers hired.
Correct Answer:

Verified
Correct Answer:
Verified
Q90: A Cournot duopoly firm's labor demand curve<br>A)
Q91: Monopolies in successive markets result in<br>A) a
Q92: In a market where one unit of
Q93: During the Black Plague,capital became worthless.What can
Q94: In the first years of a professional
Q96: Because the labor supply curve for a
Q97: If a monopolist in the output market
Q98: A monopsonist purchaser of labor that could
Q99: Assume that the market demand for a
Q100: XYZ Co.operates in a competitive market.Its marginal