-
Home
- Business
- Economy
- Microeconomics 04 Labor Financial
- In the labor market, what causes
-
Card 3 / 16: In the labor market, what causes a movement along the supply curve? What causes a shift in the supply curve?
Answer:
Changes in the wage rate (the price of labor) cause a movement along the supply curve. A change in anything else that affects supply of labor (e.g., changes in how desirable the job is perceived to be, government policy to promote training in the field) causes a shift in the supply curve.
-
Keyboard Shortcuts
| Previous Card |
← Previous Card Button |
| Next Card |
→ Next Card Button |
| Flip Card |
Space-Bar |
<< First
< Previous
Flip
Next >
Last >>
Flashcards Home Page
Attribution:
Microeconomics, OpenStax-CNX Web site. Download for free at http://cnx.org/content/col11613/latest
Flash Cards plugin by Curtis Blackwell github.com/curtisblackwell/flash_cards
Google Play and the Google Play logo are trademarks of Google Inc.
