determinants of the elastic of supply of labour

Question 1

elasticity of supply of the product

Answer 1

higher supply of the product will increase the elastic of supply for labour

Question 2

time

Answer 2

the longer the time period the more elastic the supply curve as it is easier to susbitue between factors of production and to change the contracts of workers

Question 3

avalibality of subsidies

Answer 3

low skilled labour will be more price elastic

Question 4

berries to entry

Answer 4

many professions restart workers from entering the labour force for example density and accountancy by requiring experience and qualifications