what are the factors that affect labor supply?

d1diamonds · #1 Mar 18, 2008, 10:13 PM

Vivi1987 · Mar 19, 2008, 01:21 AM

I would say, affordability - if the labour to a company is affordable, then more labour is supplied.
Qualifications - If there are plenty of qualified labours to do the job required then labour supply would be low for the reason that the company filled the positions sufficiently.

I am not too sure, so don't presume my answer to be correct.



At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to: Get free answers from experts in any of our 300+ topics. Accept money for answers that you provide. Communicate privately with other members (PM). See fewer ads. Sign Up!