Question

How is supply of labour different de supply of other goods????

Answer 1

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Supply of labour is different from supply of goods because in the normal case supply of othen goods changed according to its price. that is higher price higher is the supply ,

but in case of labour the supply may contrast which is less inspite of rise in wages and it expands which is more with the fall in wages..

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Answer 2

☆ Nowdays supply of the labour must be increasing day by day.

☆ The cost of the production depends upon the qualtity if the quality is good than the rate of the product is also high.

☆ Many industries were decreases or collapsed by not getting the proper product and proper earning .

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