A leftward shift in the labour supply curve will result if:
A) people begin to value leisure more highly.
B) people have less nonlabour income.
C) transit costs to and from work decline.
D) the population increases.

Question

Quizplus · Accepted Answer

A leftward shift in the labour supply curve would occur if people began to value leisure more highly, as they would be less willing to work for a given wage. The other options may cause shifts in the demand for labour, but not in the supply.

A Leftward Shift in the Labour Supply Curve Will Result