Chapter 71, Problem 3MCQ

To determine

The correct option which will shift the supply curve for labor to the right.

Answer to Problem 3MCQ

From the available options, the correct option is an increase in labor market opportunities for women.

Explanation of Solution

The supply curve of labor will shift when there is a change in workers’ preferences, expectations, income, change in the price of related goods or services, or population change.

And, a supply curve will shift to the right when there is an increase in population, opportunity cost of leisure, increase in participation of labor, and decrease in wealth or income because a decrease in wealth will lower the demand for leisure time, which affects the supply curve to shift to the right.

Therefore, the correct option is e (an increase in labor market opportunities for women) as an increase in labor marketing opportunities for people whether they are men or women will increase the population that, in turn, shift the curve to the right.

Economics Concept Introduction

Introduction: Supply curve represents the graphical information about how supply is sensitive to demand or price.