When workers purchase more leisure and work less at higher wages, the supply curve
A)is vertical.
B)is horizontal.
C)is positively sloped.
D)is backward bending.

Question

Quizplus · Accepted Answer

When workers purchase more leisure and work less at higher wages, they may reach a point where they value leisure time more than the additional income they would earn by working more. As a result, the supply curve may be backward bending, indicating that as wages increase beyond a certain point, workers supply less labor. This is because they choose to work fewer hours to enjoy more leisure time.

When Workers Purchase More Leisure and Work Less at Higher