Which one of the following will lead NOT lead to a shift in the labor supply curve?
A) an increase in the rate of immigration
B) an increase in the opportunity cost of working
C) an increase in wage.
D) an increase in number of workers retiring

Question

Quizplus · Accepted Answer

An increase in wage does not shift the labor supply curve; it moves along the curve as it changes the quantity of labor supplied, not the position of the supply curve itself.

Which One of the Following Will Lead NOT Lead to a Shift