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What does demand for labour measure?

A

Demand for labour is the total wage cost firms pay to employ workers over a period.

B

Demand for labour is the quantity of output produced by workers at each wage rate over a period.

C

Demand for labour is the total number of workers available for employment at each wage rate over a period.

D

Demand for labour is the quantity of workers firms are willing and able to employ at each wage rate over a period.

Card 1 of 20

8.3.2 factors affecting demand for labour in a firm or an occupation Flashcards

  1. Intl A Level
  2. /Economics
  3. /8.3.2 factors affecting demand for labour in a firm or an occupation

20 flashcards on CIE Intl A Level Economics 8.3.2 factors affecting demand for labour in a firm or an occupation: the key terms and definitions you need to recall.

Flashcards