Sometimes the supply curve of labour ends:

Related MCQs

• A decrease in the supply of labour is likely to lead to:
• In market equilibrium, supply is vertical line. The downward sloping demand curve shifts to the rights. Then,
• 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
• The marginal condition for a Pareto-optimal allocation of factors requires that the ________ between labour and capital be equal for all commodities produced by different firms.
• If capital is available in large proportion and labour is less, then that economy is known as