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1.6 The labour market (A-level only)

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Question 10

A local electronics assembly firm is able to hire any quantity of assembly workers from the regional labor market at a constant, fixed hourly wage rate. This means that, in respect of labor, the firm faces a perfectly:

elastic demand curve for labor.

inelastic demand curve for labor.

elastic supply curve of labor.

inelastic supply curve of labor.

1.6 The labour market (A-level only) Questions

  1. A Level
  2. /Economics
  3. /1.6 The labour market (A-level only)