Which of the following would cause a rightward shift of the demand for labour curve? A decrease in the demand for the ou
Posted: Sun Jun 05, 2022 12:01 pm
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Which of the following would cause a rightward shift of the demand for labour curve? A decrease in the demand for the output that labour produces. An increase in the price of output that labour produces. A decrease in wages. A labour shortage.
The effect of a wage increase states that a higher wage rate increases workers' real income, and thus increases their demand for all normal goods, including leisure, which decreases the quantity of labour supplied. income substitution leisure non-market work
Please assist on answering the Which of the following would cause a rightward shift of the demand for labour curve? A decrease in the demand for the output that labour produces. An increase in the price of output that labour produces. A decrease in wages. A labour shortage.
The effect of a wage increase states that a higher wage rate increases workers' real income, and thus increases their demand for all normal goods, including leisure, which decreases the quantity of labour supplied. income substitution leisure non-market work