Labour Supply
Labour Supply
Labour supply is the number of hours workers are willing and able to offer to a firm or occupation at each wage rate over a given period. The labour supply curve normally slopes upward because higher wages make work in that firm or occupation more attractive.
Step-by-step lessons 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. Each one builds up to exam-style questions.