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6. What is supply of labour?

  • quantity and quality of labour hours offered for work over a given time period
  • labour that derives from the goods or services it makes e.g. building workers are derueved for the D for new houses
  • they will fight for better working conditions making more people want to work

7. How does wage rate affect supply of labour?

  • they will fight for better working conditions making more people want to work
  • the higher the wage the more people want to work
  • The lower the wage the more likely employers will want to employ people

8. How does other advantages of work affect supply of labour

  • quantity and quality of labour hours offered for work over a given time period
  • better working conditions mean more people want to work there
  • The lower the wage the more likely employers will want to employ people

9. What does net migration do for the economy?

  • it boosts it
  • it makes it bad
  • its wierd

10. How does less benefits affect supply of labour?

  • less benefits= incentive to look for work
  • makes people move abroad
  • globalisation

11. What do trade unions do to supply of labour?

  • they will fight for better working conditions making more people want to work
  • make it bad

12. How do gov regulations affect supply of labour?

  • regulaitons such as the minimum wage increase workers however limits in times of working hours makes less want to work
  • they will fight for better working conditions making more people want to work