1.14. We saw that a backward-bending supply curve of labor can cause individual workers to work less...

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1.14. We saw that a backward-bending supply curve of labor can cause individual workers to work less at high wage levels. But one doesn’t generally see market supply curves bend backward. Can you explain why we don’t generally see that but see it here?

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Principles Of Microeconomics

ISBN: 9780393679199

3rd Edition

Authors: Dirk Mateer, Lee Coppock

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