(Table) Based on the table, at what wage rate is the supply curve backward bending?
$\begin{array}{c}
\text { Labor Supply Schedule }\
\begin{array}{|c|c|}
\hline \text { Wage Rate (S/hr.) } & \text { Hours of Work (per week) } \
\hline 20 & 30 \
\hline 30 & 40 \
\hline 40 & 50 \
\hline 50 & 40 \
\hline 60 & 30 \
\hline
\end{array}
\end{array}$

Question

Quizplus · Accepted Answer

The supply curve starts to bend backward after the wage rate increases to $40 per hour, as indicated by the decrease in hours of work from 50 to 40 and then to 30 as the wage rate increases to $50 and $60, respectively.

(Table) Based on the Table, at What Wage Rate Is