The Labour Market

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T H E P R I C E O F L A B O U R R N F Q A
O M V A Q V G O H P Y U D X C O U J U X A
I G Y R X J A W Y W R H I W D D C P C B U
E C N I P M U W O B Y R V I I J O H K M L
N E K G S D L A L B O V F N H J C Q G O N
G G G G F R M O M U V K D W E R E P E E J
I T W I L L B E M O R E E L A S T I C Y R
T A Q I X U X N D T B D I Q A H V Y H M M
J F R S F N E M Y G M Y P E N G F V B Q J
T H E R E I S E X C E S S S U P P L Y B B
S T H E R E I S E X C E S S D E M A N D A
F P I W D E Y S Q N U E B E L A S T I C Y
I Q A G K Y Y N A C L H A H F R E R T A A
J S V F Y T I N E L A S T I C B F U P X F
W Q D D C P J R T M F R J Y M M N I V J I
F O E O K M D W V P I C B N X U K U A N Y
C B N F L M W M I G U D W U C O L A P A T
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D O B W F J D E E P B T H W B V T H K K D
V W E S B H C X I I M C D P L D H O T G P

Clues

  • How is maximum wage shown on a graph? (5, 2, 6, 6)
  • How is minimum wage shown on a graph? (5, 2, 6, 6)
  • What is demand for labour likely to be in the short term? (9)
  • What is labour supply in low skilled jobs? (7)
  • What is the wage rate? (3, 5, 2, 6)
  • What will happen to the supply of labour if it is geographically mobile? (2, 4, 2, 4, 7)

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