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Market supply of labor The following table shows the hours per week supplied to a particular market by three individuals at various wage rates. Calculate the total hours per week (QT) supplied to the market.
Hourly Wage Hours per weekQ1 Q2 Q3 QT
$15 20 0 0 ___16 25 0 0 ___17 35 10 0 ___18 45 25 10 ___19 42 40 30 ___20 38 37 45 ___
Which individuals, if any, have backward-bending supply curves in the wage in the wage range shown in the table?
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