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Economics (AS & A Level) · Oct / Nov 2023 · Paper 32 · Question 11

9708Labour market forces and government intervention

A backward-sloping supply curve of labour is one where, beyond a certain point, the supply of labour

  1. Adecreases as the demand for labour rises.
  2. Bincreases as the demand for labour rises.
  3. Cdecreases as wages rise.
  4. Dincreases as wages rise.

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Correct answer: C. decreases as wages rise.

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