Study Notes
Labour Supply - Determinants of Elasticity (Labour Markets)
- Level:
- A-Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 3 Jul 2018
Elasticity of labour supply measures the extent to which labour supply responds to a change in the wage rate in a given time period.
You might also like

UK real wage gap grows to £11,000 since 2008
21st March 2023

What has happened to pay in the UK?
17th March 2023
Explaining the Work-Leisure Trade-Off
Study Notes

The UK Hand Car Wash Market
13th February 2023
Economics of Working Poverty
Study Notes