Introduction to Economics 1 Deneme Sınavı Sorusu #726806

What of the followings refers to the shape of an individual worker's labor supply curve?


Downward sloping

Horizontal

Upward sloping

Vertical

Steep


Yanıt Açıklaması:

There is an obvious positive relationship between wages and the willingness to work. We can easily conclude that an individual worker’s labor supply curve is upward sloping. Therefore, the correct option is C.

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