Determants of Wage rate in a labour market
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?- Created by: Lottie
- Created on: 20-12-11 14:51
Other questions in this quiz
2. How does demand for a product affect labour?
- The more demand the more labour vice a versa
- more regulations= more demand
- The lower the wage the more likely employers will want to employ people
3. How doews wage affect the demand for labour?
- they will fight for better working conditions making more people want to work
- The lower the wage the more likely employers will want to employ people
- more regulations= more demand
4. How does productivity of labour affect the demand for labour?
- the more out put the more demand for labour there will be
- more regulations= more demand
- The lower the wage the more likely employers will want to employ people
5. How do employment regulations affect the demand for labour?
- The lower the wage the more likely employers will want to employ people
- less regulations the more labour wanted vice versa
- more regulations= more demand
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