In a perfectly competitive labor market,the market labor supply curve

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In a perfectly competitive labor market, the market labor supply curve will be upward sloping. This is because as the wage rate increases, more individuals will be willing to supply labor as the opportunity cost of not working becomes higher. However, if the market is not perfectly competitive, the labor supply curve may be flat, steep or even backward sloping.

In a Perfectly Competitive Labor Market,the Market Labor Supply Curve