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1.6 The labour market (A-level only)

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Question 26

All other things being equal, which one of the following is most likely to cause the marginal revenue product of labour (MRPLMRP_LMRPL​) curve for technicians in the wind turbine maintenance industry to shift to the right?

A

A fall in the market price of electricity generated by wind turbines.

B

A government subsidy to consumers purchasing electricity generated from wind turbines.

C

A decrease in the hourly wage rate paid to wind turbine maintenance technicians.

D

An increase in the number of qualified wind turbine technicians seeking employment.

Markscheme

1.6 The labour market (A-level only) Questions

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

64 exam-style questions on AQA A Level Economics 1.6 The labour market (A-level only), covering 1.6.1 The demand for labour, marginal productivity theory, 1.6.2 Influences upon the supply of labour to different markets, 1.6.3 The determination of relative wage rates and levels of employment in perfectly competitive labour markets, 1.6.4 The determination of relative wage rates and levels of employment in imperfectly competitive labour markets, 1.6.5 The Influence of trade unions in determining wages and levels of employment, 1.6.6 The National Minimum Wage, and 1.6.7 Discrimination in the labour market. Each one has a worked solution and a mark scheme showing where the marks go.

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