Your rich uncle just died and left you, to your surprise, a $10,000/year trust fund. Figure 5-10a used to describe your supply curve for labor. What do you think your labor supply curve might look like now? Draw it.

 

Transcribed Image Text:

Dollars per hour 10 00 6 T 2 (a) 8 Hours per day 12 Dollars per hour 10 00 6 T 2 (a) 8 Hours per day 12

Answer rating: 100% (QA)

My labor supply curve would be upwardsloping since I would be more likely to work if I was p... View the full answer