Card 1 of 25
What does the supply of labour to an occupation measure?
A
The total output workers are willing and able to produce in an occupation at each wage rate.
B
The total number of workers employers are willing and able to hire in an occupation at each wage rate.
C
The total hours workers are willing and able to offer to an occupation at each wage rate.
D
The total wages workers are willing and able to accept from an occupation at each employment level.
Card 1 of 25
3.5.2 Supply of labour Flashcards
25 flashcards on Edexcel A A Level Economics 3.5.2 Supply of labour: the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3.