The backward bending supply curve is characterized by which of the following?
(A)As wage rates rise, the quantity of labor supplied continues to rise at every wage rate increase. (B)The labor-leisure trade-off continues to favor the supply of more jobs, or the substitution effect. (C)The labor-leisure trade-off favors the income effect or more leisure at higher wage rates. (D)inexperienced, low-income, younger workers at the backward bending portion.
C