If the wage rate increases,then
A) the quantity of labor supplied definitely decreases.
B) there is a movement upward along the supply of labor curve.
C) the supply of labor curve shifts rightward.
D) the supply of labor curve shifts left ward.
E) the quantity of labor supplied definitely increases.

Question

Quizplus · Accepted Answer

When the wage rate increases, it becomes more attractive for people to work and earn a higher income. This results in a movement upward along the supply of labor curve, as people are willing to work more hours at a higher wage rate. The quantity of labor supplied may or may not increase, depending on how responsive workers are to changes in wage rates.

If the Wage Rate Increases,then