Diffrence bw labour force and labour supply???
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Labour force are the peoples who are working for finishing a work whereas labour supply is the number of hour or effort given by the labourers to Finish the job.
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Heya.....
@@ Labour Supply....
** It refers to supply of Labour corresponding to different Wages rates ...
** Supply of Labour is measured in terms of many days of work and always related to wages....
** It can be increased on decrease when no of worker remains constant...
@@ Labour force.....
** It refers to the no of person actually willing to work not related to wages....
** It is measured in terms of no ....
** Size of it only increase or decrease when only labour changes....
@@ Labour Supply....
** It refers to supply of Labour corresponding to different Wages rates ...
** Supply of Labour is measured in terms of many days of work and always related to wages....
** It can be increased on decrease when no of worker remains constant...
@@ Labour force.....
** It refers to the no of person actually willing to work not related to wages....
** It is measured in terms of no ....
** Size of it only increase or decrease when only labour changes....
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