Studies have shown that the labor supply of women is more sensitive to changes in the real wage than the labor supply of men. The figure below shows two different labor supply curves (labeled Labor supply 1 and Labor supply 2), one for women and one for men. Which of these two labor supply curves best illustrates the labor supply of women? Why?

Question

Studies have shown that the labor supply of women is more sensitive to changes in the real wage than the labor supply of men. The figure below shows two different labor supply curves (labeled Labor supply 1 and Labor supply 2), one for women and one for men. Which of these two labor supply curves best illustrates the labor supply of women? Why? Studies have shown that the labor supply of women is more sensitive to changes in the real wage than the labor supply of men. The figure below shows two different labor supply curves (labeled Labor supply 1 and Labor supply 2), one for women and one for men. Which of these two labor supply curves best illustrates the labor supply of women? Why?

Quizplus · Accepted Answer

The Answer of Studies have shown that the labor supply of women is more sensitive to changes in the real wage than the labor supply of men. The figure below shows two different labor supply curves (labeled Labor supply 1 and Labor supply 2), one for women and one for men. Which of these two labor supply curves best illustrates the labor supply of women? Why?

Studies Have Shown That the Labor Supply of Women Is