The supply of labor generally is considered to be downward-sloping because the opportunity cost of leisure decreases as wages increase.

Name: The supply of labor generally is considered to be downward-sloping because the opportunity cost of leisure decreases as wages increase.
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The supply of labor is generally considered to be upward-sloping because as wages increase, the opportunity cost of leisure increases, leading individuals to supply more labor.

The Supply of Labor Generally Is Considered to Be Downward-Sloping