If workers respond to an increase in the opportunity cost of leisure by taking more leisure,then what is the shape of their labour supply curve

Question

Quizplus · Accepted Answer

If workers respond to an increase in the opportunity cost of leisure by taking more leisure, then it means their labor supply becomes more elastic. This is because they are more responsive to changes in wage rates. Therefore, the labor supply curve will be downward sloping, indicating that as wage rates increase, individuals will be willing to supply more labor.

If Workers Respond to an Increase in the Opportunity Cost