Economics 9708 · AS & A Level · Long-run costs and economies of scale

Long-run costs and economies of scale — practice question

The diagram illustrates the labour market at its starting position. The government brings in a law that cuts the statutory working week from 39 hours to 36 hours. How will this change the supply and demand curves in the diagram?

  • Aemployers' demand curve shifts to right, workers' supply curve shifts to left
  • Bemployers' demand curve shifts to right, workers' supply curve shifts to right
  • Cemployers' demand curve shifts to left, workers' supply curve shifts to left
  • Demployers' demand curve shifts to left, workers' supply curve shifts to right

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