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3.3.4.3b - Causes of changes in the equilibrium wage rate and quantity of competitive and labour

Syllabus
2018
Objective
3.3.4.3
Level
A2

b - Causes of changes in the equilibrium wage rate and quantity of competitive and labour

Causes of changes in the equilibrium wage rate and quantity of competitive and labour as a result of shifts in demand curves and supply curves. non-competitive.

Use b - causes of changes in the equilibrium wage rate and quantity of competitive and labour to connect the rule to the data and decision in the question.

This matters because b - causes of changes in the equilibrium wage rate and quantity of competitive and labour determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - causes of changes in the equilibrium wage rate and quantity of competitive and labour to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Causes of changes in the equilibrium wage rate and quantity of competitive and labour is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

ConceptA-Level Edexcel Economics A2