factors of supply and demand Flashcards

1
Q

factors that affect demand

A

cost of labour
derived demand
elasticity of demand for labour
marginal revenue product
skills of the workforce

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

factors that affect supply

A

job sastification
national minumum wagę
trade union
immigration
working conditions

How well did you know this?
1
Not at all
2
3
4
5
Perfectly