A Backward-Bending Supply Curve of Labor Shows That at Relatively

Multiple Choice

A backward-bending supply curve of labor shows that at relatively high wages the:

A) income effect dominates the substitution effect, and the supply curve has a positive slope.
B) income effect dominates the substitution effect, and the supply curve has a negative slope.
C) substitution effect dominates the income effect, and the supply curve has a positive slope.
D) substitution effect dominates the income effect, and the supply curve has a negative slope.