Question

Assertion (A) : Labour supply curve bends backwards.

Reasoning (R) : Beyond certain wage level, workers prefer leisure to work.

Options : 1) (A) is True, but (R) is False

2) (A) is False, but (R) is True

3) Both (A) and (R) are True and (R) is the correct explanation of (A)

4) Both (A) and (R) are True and (R) is not the correct explanation of

(A)
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Answer 1

Answer:

option A is correct. 1) (A) is true, but (R) is false

Answer 2

Answer:

Assertion (A) : Labour supply curve bends backwards.

Explanation:

hope it helps