Suppose that the wage for teachers increases relative to other occupations. We know that ________ people will work as teachers, and the total number of hours worked will ________.

Question

Quizplus · Accepted Answer

When the wage for teachers increases relative to other occupations, more people will be incentivized to work as teachers, resulting in an increase in the total number of hours worked.

Suppose That the Wage for Teachers Increases Relative to Other