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In Figure 30

Question 89

Multiple Choice

In Figure 30.1,the shift in the labor supply curve from S<sub>1</sub> to S<sub>2</sub> means that A) The marginal utility of labor has decreased. B) Workers are being paid higher wage rates,given their taste for work. C) The marginal utility of labor relative to leisure has increased. D) The demand for labor has increased,and this encourages more labor force participation. In Figure 30.1,the shift in the labor supply curve from S1 to S2 means that


A) The marginal utility of labor has decreased.
B) Workers are being paid higher wage rates,given their taste for work.
C) The marginal utility of labor relative to leisure has increased.
D) The demand for labor has increased,and this encourages more labor force participation.

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