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Card 1 of 24

The supply of labour to an industry is the quantity workers are [     ] to provide at different [     ] over a given period.

A

The supply of labour to an industry is the quantity workers are willing and able to provide at different employment levels over a given period.

B

The supply of labour to an industry is the quantity workers are required by firms to provide at different wage rates over a given period.

C

The supply of labour to an industry is the quantity workers are qualified and trained to provide at different wage rates over a given period.

D

The supply of labour to an industry is the quantity workers are willing and able to provide at different wage rates over a given period.

Card 1 of 24

Supply of labour Flashcards

  1. A Level
  2. /Economics
  3. /Supply of labour

24 flashcards on OCR A Level Economics Supply of labour: the key terms, economic models and case studies you need to recall for Component 01, Component 02 and Component 03.

Flashcards