What Is the Supply of Labour?
What Is the Supply of Labour?
The supply of labour is the number of workers willing and able to work in a particular occupation at each wage rate. It can also include the number of hours that existing workers are willing to offer.
Step-by-step lessons on AQA A Level Economics 1.6.2 Influences upon the supply of labour to different markets. Each one builds up to exam-style questions. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.