CAIE A-Level Economics 8.3.7 Wages in Perfect Labour Markets

Practise determining competitive wage and employment where labour demand meets supply and, from the available evidence, tracing how a reduced female labour supply affects wage…

Exam points

draw a leftward female labour-supply shift and identify a higher female equilibrium wage relative to male wages

[Maximum number: 1]

There is a decrease in the supply of female labour.
What will be the likely effect on male and female wages?

male wages

female wages

decrease

increase

decrease

increase

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8.3.7—Wages in perfect labour markets question 1