Question 12
[Maximum number: 1]
An increase in which variable would shift the supply curve for farm workers to the right?
A
job security
B
the hourly wage rate
C
the productivity of farm workers
D
the qualifications required
CAIE A-Level Economics 8.3.5 Labour Supply Determinants
Practise explaining occupational labour supply through wages, net advantages, migration, participation, benefits, qualifications and work-leisure preferences, including backward…
How this is tested
- link higher wages or non-wage advantages such as security and benefits to occupational supply
- shift supply for migration, participation, qualifications, benefits or training requirements
- explain backward bending when the income effect makes extra leisure preferable at high wages