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Study Notes

Elasticity of Labour Demand (Labour Markets)

Level:
AS, A-Level
Board:
AQA, Edexcel, OCR, IB

Last updated 3 Jul 2018

Elasticity of labour demand measures the responsiveness of demand for labour when there is a change in the ruling market wage rate. The elasticity of demand for labour depends on these factors:

Elasticity of labour demand - revision video

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