The Labour Market

Question 1

Draw the 2 wage determination in a competitive market diagram

Answer 1

check A3
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2 u got the right idea!
3 big mistakes
4 small mistakes
5 completely right

Question 2

Draw the monopsony labour market impact diagram

Answer 2

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3 big mistakes
4 small mistakes
5 completely right

Question 3

Draw the trade union market impact diagram

Answer 3

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3 big mistakes
4 small mistakes
5 completely right

Question 4

Draw the trade union IN monopsony diagrams

Answer 4

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3 big mistakes
4 small mistakes
5 completely right

Question 5

Draw the minimum wage normal diagram

Answer 5

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3 big mistakes
4 small mistakes
5 completely right

Question 6

Draw the minimum wage monopsony diagram

Answer 6

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3 big mistakes
4 small mistakes
5 completely right

Question 7

Draw the minimum wage inelastic diagram

Answer 7

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3 big mistakes
4 small mistakes
5 completely right

Question 8

Draw the minimum wage elastic diagram

Answer 8

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2 u got the right idea!
3 big mistakes
4 small mistakes
5 completely right