Question

Suppose that workers decrease their taste for leisure, and thus require less time away from work. What is likely to happen to wages and the quantity of labor hired?

A. wages decrease, quantity of labor hired decreases
B. wages decrease, quantity of labor hired increases
c. wages increase, quantity of labor hired increases
D. wages increase, quantity of labor hired decreases

Answer 1

I believe it is A

Step-by-step explanation:

If they are able to work more companies wont need as many people and if someone doesn't like their wage they have other people because everyone is able to work more.