Q.

Which of the following does not determine supply of labour?

A. Size and age-structure of population
B. Nature of work
C. Marginal productivity of labour
D. Work-leisure ratio
Answer» C. Marginal productivity of labour
Explanation: The term 'supply of labour' refers to the number of hours of a given type of labour which will be offered for hire at different wage rates. Usually, it is found that higher the wage rates larger is the supply indicating a direct relationship that exists between the wage rate i.e. the price of labour and labour hours supplied.
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