Explain why most market labor supply curves slope

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Explain why most market labor supply curves slope upward and to the right, even though individual labor supply curves are presumed to be backward-bending. How does the height of a market labor supply curve relate to the concept of opportunity cost?

Reference no: EM13815533

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Curves are presumed to be backward-bending : Explain why most market labor supply curves slope upward and to the right, even though individual labor supply curves are presumed to be backward-bending?
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