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johnpaul92 johnpaul92
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8 years ago
The effort curve is
A) positively sloped, because of the law of increasing cost.
B) horizontal, because work effort is independent of the real wage.
C) s-shaped, because a small increase in the real wage will increase work effort more at an intermediate wage than at a low wage or at a high wage.
D) negatively sloped, because of diminishing marginal returns to labor.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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8 years ago
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johnpaul92 Author
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#2
8 years ago
This answers my question, thank you so much
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#3
8 years ago
Glad to be part of your success Wink Face
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