What is the shape of the labour supply curve implied by the following statements?
a.'I'm sorry, kids, but now that I'm earning more, I just can't afford to come home early in the afternoon, so I won't be here when you get home from school.'
b.'They can pay me a lot or they can pay me a little.I'll still put in my 8 hours a day.'
c.'Now that I have received a salary increase, I am going to work 36 hours instead of 40 hours a week'
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The Answer of What is the shape of the labour supply curve implied by the following statements?
a.'I'm sorry, kids, but now that I'm earning more, I just can't afford to come home early in the afternoon, so I won't be here when you get home from school.'
b.'They can pay me a lot or they can pay me a little.I'll still put in my 8 hours a day.'
c.'Now that I have received a salary increase, I am going to work 36 hours instead of 40 hours a week'
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What Is the Shape of the Labour Supply Curve Implied