Backward bending supply curve belongs to which market?
A) Capital B) Labour C) Money D) Inventories
Answers
Answered by
0
Answer:
An individual labour supply curve is likely to be positive sloping indicating larger supplies of labour at a higher wage rate. But this is not always so. That means, a worker may be induced to work less when his wage rate tends to rise. Thus, labour supply curve may be backward bending.
please mark as brain list
Explanation:
Similar questions