demand for food to decrease
demand for leisure to decrease
supply of normal goods to decrease
supply of labour to decrease
Explanation
No explanation available
Video Explanation
No video available
Post your Contribution
Discussions (8)
The answer is D. As wages increase, workers tend to lose their initial zeal for work. Thus, their supply of labour decreases.
As individuals receive higher wages, it typically causes:
B. Demand for leisure to decrease
When individuals receive higher wages, they often choose to work more hours to take advantage of the increased income potential. This decision to work more can lead to a reduction in the amount of leisure time they have available. In economic terms, the opportunity cost of leisure (the value of what you give up in terms of wages when you choose leisure over work) becomes higher when wages increase. Therefore, people tend to allocate more time to work and less time to leisure when their wages rise.
I believe the answer should be D as well. as the salary increases the worler may work hard at first t will eventually begin to lose their passion for work.
shebi I have money now, I want to starve. I'm too rich for food😂
food is now for people with lower wages. God abeg😂
sorry dont mind me the answer is still D i thiught it said an increase in demand for food
