Labour Supply Flashcards

1
Q

Labour Supply can refer to Individual or an Occupation

A

page 110

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2
Q

The Supply of Labour can be influenced by Job Satisfaction

A

page 110

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3
Q

Other factors can affect the Supply of Labour to a Particular Job or Industry

A

page 111

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4
Q

The quantity of labour supplied depends on the Elasticity of the labour supply: low skilled jobs

A

page 111

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5
Q

The quantity of labour supplied depends on the Elasticity of the labour supply: Skilled jobs and other

A

page 111

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6
Q

Net Migration of Labour can Increase the supply of labour

A

page 111

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