If the supply curve of labor is vertical, then wage decreases will have no effect on the number of hours worked.

Name: If the supply curve of labor is vertical, then wage decreases will have no effect on the number of hours worked.
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Quizplus · Accepted Answer

A vertical supply curve of labor indicates that the quantity of labor supplied is fixed regardless of changes in the wage rate. Therefore, wage decreases will not affect the number of hours worked by individuals.

If the Supply Curve of Labor Is Vertical, Then Wage