Multiple Choice
Use the following figure to answer the question : Figure 17-1 : shows the weekly income (in dollars) and leisure (in hours) of a worker using an indifference curve and a budget line.
-Refer to Figure 17-1.If the number of leisure hours is OL3 after a change in the wage rate,the individual's supply curve of labor will be _____.
A) backward bending
B) vertical
C) upward-sloping
D) relatively elastic
Correct Answer:

Verified
Correct Answer:
Verified
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