Which of the following may shift the labor supply curve?

Question

Quizplus · Accepted Answer

An increase in the value people place on their time can lead them to work less, causing a leftward shift in the labor supply curve. A) is incorrect because an increase in the wage rate would cause a movement along the labor supply curve, not a shift. C) is incorrect because an increase in the price of the output of the firm would have no effect on the labor supply curve. D) is incorrect because an increase in the corporate tax rate would affect the firm's profits, not the labor supply curve.

Which of the Following May Shift the Labor Supply Curve