Assuming that leisure is a normal good,if an individual's labor supply curve is backward bending,then the

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The backward bending supply curve of labor illustrates a situation where, beyond a certain point, the income effect (where higher wages lead to a desire for more leisure, thus less labor supplied) outweighs the substitution effect (where higher wages make leisure more costly in terms of foregone earnings, thus leading to more labor supplied).

Assuming That Leisure Is a Normal Good,if an Individual's Labor