Change in the wage rate will not shift the labor supply curve to the left.
Change in attitude towards work and leisure can shift the supply curve for labor. The more work a person does, the greater his or her income, but smaller the amount of leisure time available.
If they decide to value leisure more then they will work for few hours at each wage, and the supply curve for labor will shift to left. If they decide they want more goods and services then the supply curve will shift to the right.
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Explanation:
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The correct answer is D- this is a tax paid by someone who inherits money from someone who's died.
A potential confuser, the excise tax is a tax on certain goods, such as tobacco.
Answer:
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