A decrease in the supply of labour is likely to lead to:

Related MCQs

• Sometimes the supply curve of labour ends:
• With decrease in price of bonds, rate of interest:
• A decrease in demand causes the equilibrium price to:
• Under Heckscher-Ohlin Model, international trade can lead to increases in:
• Under Marginal productivity Theory, reward for labour is determined by
• The firm is in equilibrium in the factor market when it employs units of labour upto the point where
• The labour market equilibrium determines the wage rate and
• Union leaders are in a better position to bargain for higher wages if demand for labour is
• If marginal product of labour rises because of new technology:
• Union leaders are in a worse position to bargain for higher wages if demand for labour is