Economics 0455 · IGCSE · Workers

Workers — practice question

In what way would a shift in demand for labour influence the labour market in an occupation?

  • Adecrease in demand for labour; decrease in the equilibrium wage; extend change in quantity of labour supplied
  • Bdecrease in demand for labour; increase in the equilibrium wage; contract change in quantity of labour supplied
  • Cincrease in demand for labour; decrease in the equilibrium wage; contract change in quantity of labour supplied
  • Dincrease in demand for labour; increase in the equilibrium wage; extend change in quantity of labour supplied

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