In San Diego, 80 people are willing to work an hour as cashiers if the wage...
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In San Diego, 80 people are willing to work an hour as cashiers if the wage is $15 per hour. For each additional $5 that the wage rises above $15, an additional 20 people are willing to work an hour. For wages of $15, $20, $25, $30, and $35 per hour, plot the daily labor supply curve for cashiers on the following graph. WAGE RATE (Dollars per hour) 45 40 36 30 25 20 15 10 5 0 0 20 40 00 to 900 120 140 100 100 200 QUANTITY OF LABOR (Number of workers) -0- Supply What is one explanation for why this labor supply curve is upward sloping? In San Diego, 80 people are willing to work an hour as cashiers if the wage is $15 per hour. For each additional $5 that the wage rises above $15, an additional 20 people are willing to work an hour. For wages of $15, $20, $25, $30, and $35 per hour, plot the daily labor supply curve for cashiers on the following graph. WAGE RATE (Dollars per hour) 45 40 36 30 25 20 15 10 5 0 0 20 40 00 to 900 120 140 100 100 200 QUANTITY OF LABOR (Number of workers) -0- Supply What is one explanation for why this labor supply curve is upward sloping?
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