If the opportunity cost of working outside the home decreases then it is likely that assuming all else equal. A. there will be an upward movement along the labor supply curve B. there will be a downward movement along the labor supply curve C. there will be a rightward shift in the labor supply curve D. there will be a leftward shift in the labor supply curve The correct answer is C, but I am still confused with this question, can you explain why C is correct? Thank you.

If the opportunity cost of working outside the home decreases then it is likely that assuming all else equal. A. there will be an upward movement along the labor supply curve B. there will be a downward movement along the labor supply curve C. there will be a rightward shift in the labor supply curve D. there will be a leftward shift in the labor supply curve The correct answer is C, but I am still confused with this question, can you explain why C is correct? Thank you.

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter19: Earnings And Discrimination

Section: Chapter Questions

Problem 3PA

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