The supply curve of labor for any particular occupation is upward sloping because

A) higher wages usually imply higher education and training requirements for the job.
B) all supply curves are upward sloping.
C) a higher wage is necessary to attract more people into that occupation from other occupations.
D) working conditions are more important than wages in a person's choice of occupation.

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Christopher Hernandez · Accepted Answer

Final Answer : C, Explanation :  An upward sloping supply curve of labor implies that as the wage rate in a particular occupation increases, the quantity of labor supplied to that occupation also increases. This is because people are incentivized to switch to higher-paying jobs, leading to an increase in the number of people entering that occupation. Therefore, Option C specifies the correct reason why the supply curve of labor for a particular occupation is upward sloping - a higher wage is required to attract more people to that occupation from other occupations. Option A is not a reasonable explanation since higher wages do not necessarily imply higher education or training requirements for all jobs. Option B is incorrect because not all supply curves are upward sloping. Option D is incorrect because wages are one of the most critical factors influencing an individual's choice of occupation.

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