In which of the following scenarios would a tax be least likely to affect the amount of labor supplied?
A)A 10 percent tax on the earnings of NFL quarterbacks
B)A 10 percent tax on the earnings of fast-food workers
C)A 10 percent tax increase on the earnings of all workers
D)A 10 percent tax decrease on earnings of construction workers

Question

Quizplus · Accepted Answer

NFL quarterbacks are likely to have highly inelastic labor supply due to the unique nature of their skills and the high demand for those skills, making them less sensitive to tax changes.

In Which of the Following Scenarios Would a Tax Be