Question

expalin 2 causes of an increase in the quantity of labour

Answer 1

Answer:

With higher wages, workers will give greater value to working than leisure. With work more profitable, there is a higher opportunity cost of not working. The substitution effect causes more hours to be worked as wages rise.

Answer 2

Answer:

Two factors that influence a workers supply of labour

1. With higher wages, workers will give greater value to working than leisure. With work more profitable, there is a higher opportunity cost of not working. The substitution effect causes more hours to be worked as wages rise. please like it

Explanation:

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