Which of the following would shift a market labor supply curve to the left?
A)a decrease in the price of output
B)an increase in the price of output
C)a labor-augmenting technological change
D)better employment opportunities in a closely-related job

Question

Quizplus · Accepted Answer

Better employment opportunities in a closely-related job would attract workers away from the original job, leading to a decrease in labor supply for that market. The other options would either increase labor supply (A and B) or have no effect on labor supply (C).

Which of the Following Would Shift a Market Labor Supply