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Edexcel IGCSE Economics 1.2.5 E Labour Market Diagrams Questions

Practise labour-diagram questions by shifting labour supply and labelling the new wage and quantity after school-leaving-age changes.

Syllabus
First assessment 2019
Course
Economics 4EC1

Exam points

  • Draw a labour supply shift and label the new wage and quantity of workers.
  • Predict how school-leaving age changes affect labour supply and employment.

Edexcel IGCSE Economics 1.2.5 E Labour Market Diagrams Questions question 1

[Maximum number: 3]

Figure 5 shows the labour market for a country.

Using the diagram below, draw the effect of a decrease in the school-leaving age on the labour market in this country. Label the new curve, the new equilibrium wage rate and the new quantity of workers.

Figure 5

Figure 5

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