An aggregate labor supply curve is likely to be vertical if:
A)there is a fixed supply of labor.
B)the opportunity cost of labor service is high.
C)the substitution effect of a wage increase exactly offsets the income effect.
D)leisure is a normal good.

Question

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The Answer of An aggregate labor supply curve is likely to be vertical if:
A)there is a fixed supply of labor.
B)the opportunity cost of labor service is high.
C)the substitution effect of a wage increase exactly offsets the income effect.
D)leisure is a normal good.

An Aggregate Labor Supply Curve Is Likely to Be Vertical