SophiaPretty

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    Strayer,Devery,Harvard University
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Category > Business & Finance Posted 05 Sep 2017 My Price 6.00

The phenomenon of the backward-bending market supply curve for labor

The phenomenon of the backward-bending market supply curve for labor

a. reflects the policy of labor unions.

b. reflects the scarcity of high-priced, highly skilled labor.

c. results from workers’ preference for leisure over work.

d. results from the effect of the decrease in the cost of leisure as wage rates rise.

e. indicates an increasing desire for leisure as income rises

Answers

SophiaPretty
(5)
Status NEW Posted 05 Sep 2017 01:09 PM My Price 6.00

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