Card 1 of 20
What do workers exchange in the labour market?
A
Excess supply of labour.
B
Labour for wages.
C
It trades the factor of production labour.
D
Labour becomes dearer relative to machinery.
Card 1 of 20
2.7.1 Role and operation of the labour market Flashcards
20 flashcards on OCR GCSE Economics 2.7.1 Role and operation of the labour market: the key terms, formulae and calculations you need to recall for Component 01 and Component 02.