Card 1 of 20
Why does a change in the wage rate cause movement along the labour supply curve?
A
A wage change alters the supply of labour, shifting the whole curve to the right.
B
A wage change alters the quantity of labour supplied, causing movement along the existing curve.
C
A wage change alters the equilibrium employment, shifting the whole curve to the left.
D
A wage change alters the demand for labour, causing movement along the existing curve.
Card 1 of 20
8.3.6 causes of shifts in and movement along the supply curve of labour to a firm or an occupation Flashcards
20 flashcards on CIE Intl A Level Economics 8.3.6 causes of shifts in and movement along the supply curve of labour to a firm or an occupation: the key terms and definitions you need to recall.