Figure 21-26
-Refer to Figure 21-26. Rhonda experiences an increase in her hourly wage. Her optimal choice point moves from A to B. For Rhonda,
A)her labor supply curve is backward bending.
B)her labor supply curve is upward sloping.
C)leisure is a normal good.
D)both a and c are correct.

Question

Figure 21-26 
-Refer to Figure 21-26. Rhonda experiences an increase in her hourly wage. Her optimal choice point moves from A to B. For Rhonda,
A)her labor supply curve is backward bending. 
B)her labor supply curve is upward sloping. 
C)leisure is a normal good. 
D)both a and c are correct.

Quizplus · Accepted Answer

The Answer of Figure 21-26 
-Refer to Figure 21-26. Rhonda experiences an increase in her hourly wage. Her optimal choice point moves from A to B. For Rhonda,
A)her labor supply curve is backward bending. 
B)her labor supply curve is upward sloping. 
C)leisure is a normal good. 
D)both a and c are correct.

Figure 21-26 -Refer to Figure 21-26. Rhonda Experiences an Increase in Her