Chrome File Edit View History Bookmarks Profiles C C C C C C Q G C ng.cengage.com/staticb/ui/evo/index.html?deploymentid=5832655719808280021166203&elSBN=9781337914413&id=1722199532&snap. CENGAGE | MINDTAP Aplia Homework Labor Markets and Labor Unions Keep the Highest / 2 2. Plotting the supply of labor and Study Tools In Chicago, 180 people are willing to work an hour as hostesses if the wage is $20 per hour. For each add nal $5 that the wage rises above $20, an onal 45 people are willing to work an hour. For wages of $20, $25, $30, $35, and $40 per hour, plot the daily labor supply curve for hostesses on the following graph. Care Help Give Feedback Supply WAGE (Dollars per hour) 45 90 135 180 225 270 315 360 405 450 LABOR (Number of workers) What is one explanation for why this labor supply curve is upward sloping over the range of wages from low wage to high wage? O Firms are willing to hire fewer hostesses at a higher wage. People prefer to spend time doing leisure activities rather than working. O Wages have to increase to accommodate union pressure The opportunity cost of leisure increases as wages increase