Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

If the supply curve for labor is backward bending, and if the wage of a worker increases,she might choose to work:

Question:

If the supply curve for labor is backward bending, and if the wage of a worker increases,she might choose to work:

A.

fewer hours per week, since she can earn the same income working fewer hours

B.

more hours per week, since she can earn the same income working fewer hours

C.

fewer hours per week, since every hour of leisure is cheaper than before

D.

more hours per week, since she needs to work more hours to earn the same income

Answer» a. fewer hours per week, since she can earn the same income working fewer hours

Note: The above multiple-choice question is for all general and Competitive Exams in India