O-LevelEconomicsMicroeconomic decision makers2281/11 · May/June 2015 · Q111 Mark

A bus driver works longer hours if the wage rate increases. As his earnings increase there reaches a point when he prefers more leisure to work. Which supply curve, S, represents this situation?

This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.

A[Diagram option A: upward sloping supply curve that bends backward after a certain point, starting from the origin]

B[Diagram option B: upward sloping supply curve that bends backward after a certain point, starting above the origin]

C[Diagram option C: upward sloping supply curve that bends backward more sharply after a certain point, starting above the origin]

D[Diagram option D: continuously upward sloping supply curve]

✓ Correct answer

C: [Diagram option C: upward sloping supply curve that bends backward more sharply after a certain point, starting above the origin]

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Topic: Microeconomic decision makers, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2015 Paper 1 Variant 1, question 11.

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