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2.7 The labour market

2.7 The labour market

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Question 5

A firm introduces machinery that makes each worker more productive. If the firm's product demand remains strong, what is most likely?

[1]
A

Demand for labour must fall to zero

B

Supply of labour shifts left

C

Workers' gross pay automatically equals net pay

D

Demand for the more productive workers may rise

Markscheme

2.7 The labour market Questions

  1. GCSE
  2. /Economics
  3. /2.7 The labour market

34 exam-style questions on OCR GCSE Economics 2.7 The labour market, covering 2.7.1 Role and operation of the labour market, 2.7.2 Determination of wages, 2.7.3 Explain gross and net pay, and 2.7.4 Calculate gross and net pay. Each one has a worked solution and a mark scheme showing where the marks go.

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