Attempts Score: /1 13. Chapter se3sem05r, Section.12, Problem 065 Which of the f
ID: 1148420 • Letter: A
Question
Attempts Score: /1 13. Chapter se3sem05r, Section.12, Problem 065 Which of the following statements would be represented by a backward-bending labor supply curve? O a. The CEO of a major computer manufacturer works more hours than the union workers. Ob. A S50,000-a-year professor works more hours than a $20,000-a-year professor. Oc High-ranking executives are more likely to work past 5:00 p.m than middle-level managers. O dThe owners of a successful business work fewer days than do their employees. 0 e. Hospital janitors work fewer hours than the chief of obstetrics ight Notices Terms of Use Privacy Notice Security Notice AccesExplanation / Answer
Backward bending supply curve defines that during increase in wage rate the hours of work will be reduced.
From the given options D is the correct answer as in the remaining options it is mentioning that the Highly paid officials will work more than low paid officials it is never true.
CEO will not work more than union workers
high ranking executives will not work after 5.00 PM
Chief will not work more time than hosipatl janitors
50,000 professional will not over more time than 20000 professional
Owner will not work days than office employees .
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