Backward-bending economic policies for Nigeria
![Backward-bending economic policies for Nigeria](https://cdn.punchng.com/wp-content/uploads/2021/11/01144850/Sheriffdeen-Tella.jpg)
There is what economists refer to as a backward-bending supply curve. It is a situation in which the labour is satisfied with what he earns as real wage and prefers leisure to more work and earnings. That is, higher wages would lead to a fall in labour supply. Though at the initial stage, higher wages
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