The supply curve for innovative activities
A) slopes downward because as the price of innovative activities rises, people will want to consume fewer innovative services.
B) slopes downward because as the price of innovation rises, people who would otherwise become scientists begin to go into other occupations like law or business.
C) slopes upward because as the price of innovation rises, more people and capital will be attracted into innovative activities.
D) slopes upward because as the price of innovation rises, people who would otherwise become scientists begin to go into other occupations like law or business.

Question

Quizplus · Accepted Answer

The supply curve tells us how many people will be available for science and engineering jobs, and as the wages in these jobs rise, more people will want to go into these occupations, increasing the quantity supplied.

The Supply Curve for Innovative Activities