The diagram illustrates the starting position of a labour market. The government raises the number of statutory paid holidays workers are entitled to from 10 days a year to 15 days a year. What effect will this have on the supply and demand curves shown in the diagram?
- Aemployers’ demand curve shifts to left; workers’ supply curve shifts to right
- Bemployers’ demand curve shifts to left; workers’ supply curve shifts to left
- Cemployers’ demand curve shifts to right; workers’ supply curve shifts to right
- Demployers’ demand curve shifts to right; workers’ supply curve shifts to left