Assume the supply curve of labor has the usual shape. If the wage rate is $10, 1,000 carpenters are willing to supply their labor. If the wage rate increases to $20, the

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The usual shape of the supply curve of labor is upward sloping, indicating that as the wage rate increases, the quantity of labor supplied also increases. Therefore, if the wage rate increases from $10 to $20, more carpenters would be willing to supply their labor, making the quantity supplied of labor more than 1,000.

Assume the Supply Curve of Labor Has the Usual Shape