Multiple Choice
A reduction in benefits will:
A) Increase the incentive to work and shift the labour supply curve to the right.
B) Increase the incentive to work and shift the labour supply curve to the left.
C) Decrease the incentive to work and shift the labour supply curve to the left.
D) Decrease the incentive to work and shift the labour supply curve to the right.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Sometimes employees form organizations to represent and
Q2: An increase in the wage rate may
Q3: An increase in the wage rate may
Q4: Demand for labour is likely to be
Q5: Labour is a _ of production.<br>A) Force<br>B)
Q7: A fall in the wage rate:<br>A) Shifts
Q8: As the training period to qualify for
Q9: An increase in the demand for labour
Q10: An increase in the supply of labour
Q11: An increase in the wage rate will