The Figure Below Shows the Supply Curve for Labor

The figure below shows the supply curve for labor. Figure 15.1 Refer to Figure 15.1.When wage rate increases from W₃ to W₅:

A) quantity of labor supplied increases from Q₁to Q₄.
B) quantity of labor supplied decreases from Q₅ to Q₂.
C) quantity of labor supplied increases from Q₂ to Q₄.
D) quantity of labor supplied decreases from Q₄ to Q₂.
E) quantity of labor supplied increases from Q₁ to Q5₄.

Correct Answer:

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