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Teenage workers are assumed to have ________ labor supply, therefore a 5% increase in wage would result in ________ percentage change in quantity of labor supplied.
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Teenage workers are assumed to have ________ labor supply, therefore a 5% increase in wage would result in ________ percentage change in quantity of labor supplied.

User Ovidiu Cristescu
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Teenage workers are assumed to have ELASTIC labor supply, therefor a 5% increase in wage would result in GREATER percentage change in quantity of labor supplied.
let me know if you have any further questions
:)
User AaronD
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