Question: The labour supply curve: Multiple Choice shows the relationship between the total quantity of labour supplied by all workers in the economy and the wage

The labour supply curve:

Multiple Choice

shows the relationship between the total quantity of labour supplied by all workers in the economy and the wage rate.

shows that, all things being equal, less workers will want to work when wages are lower, and more will want to work when wages are higher.

has a positive slope.

All of the choices are correct.

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