Which one of these is not an example of derived demand?

The demand for apples increases due to health reasons

Unemployment increases when .............

Both PED and PES for labour are elastic

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AS Econ - Labour market

14 termsStudBud Administration175 plays

Labour market

Flashcards14 cardsFPractice quizPHost liveL

Questions 14

Answers

1
Which one of these does not cause this?
technology is found to be no good
increased productivity
wage increase
cost of machinery increases
2
A decrease in wages causes.......
a decrease in the supply of labour
excess supply of labour
an increase in demand for labour
excess demand for labour
3
Which of these factors does not cause this to happen?
increase in migration
increase in tax
reduction in welfare benefits
less trade union power
4
The supply curve of cleaners looks like this?
False
True
5
Geographic immobility happens because.....?
people can't move because housing is too expensive
people don't want to sell their house
all of these
People don't want to move from an area where they grew up
6
Which one of these is not an example of derived demand?
The demand for apples increases due to health reasons
Demand for bricks grows
demand for copper with an increase in D for washing machines
health crisis means more health workers needed
7
Which one of these factors does not have an effect on the elasticity of demand for labour?
availability of substitutes
proportion of labour costs to overall costs
None of these
time
8
Unemployment increases when .............
the economy grows
Both PED and PES for labour are elastic
The PED and PES for labour are inelastic
benefits are reduced
9
On this minimum wage diagram what is not represented by the distance between A and B?
Excess Supply
Unemployment
A surplus of workers
A shortage of workers
10
Which of these is not an advantage of the minimum wage
increases productivity
reduces poverty
increases employment
provides an incentive to work
11
The quantity of labour demanded increases more than the increase in wages. PED of labour is?
inelastic
unitary
perfectly elastic
elastic
12
Which one of these is not a disadvantage to the NMW?
increases spending
might cause inflation
might cause unemployment
might make firms uncompetitive
13
Which one of these is not a reason for occupational immobility?
Deindustrialisation
Insufficient education
Expensive Housing
Insufficient skills
14
Which one of these does not cause this?
decrease in demand for product
decrease in cost of machinery
increase in productivity
technology is found to be good

AS Econ - Labour market Flashcards | StudBud

AS Econ - Labour market

14 termsStudBud Administration175 plays

Labour market

Flashcards14 cardsFPractice quizPHost liveL

Questions 14

Answers

1
Which one of these does not cause this?
technology is found to be no good
increased productivity
wage increase
cost of machinery increases
2
A decrease in wages causes.......
a decrease in the supply of labour
excess supply of labour
an increase in demand for labour
excess demand for labour
3
Which of these factors does not cause this to happen?
increase in migration
increase in tax
reduction in welfare benefits
less trade union power
4
The supply curve of cleaners looks like this?
False
True
5
Geographic immobility happens because.....?
people can't move because housing is too expensive
people don't want to sell their house
all of these
People don't want to move from an area where they grew up
6
Which one of these is not an example of derived demand?
The demand for apples increases due to health reasons
Demand for bricks grows
demand for copper with an increase in D for washing machines
health crisis means more health workers needed
7
Which one of these factors does not have an effect on the elasticity of demand for labour?
availability of substitutes
proportion of labour costs to overall costs
None of these
time
8
Unemployment increases when .............
the economy grows
Both PED and PES for labour are elastic
The PED and PES for labour are inelastic
benefits are reduced
9
On this minimum wage diagram what is not represented by the distance between A and B?
Excess Supply
Unemployment
A surplus of workers
A shortage of workers
10
Which of these is not an advantage of the minimum wage
increases productivity
reduces poverty
increases employment
provides an incentive to work
11
The quantity of labour demanded increases more than the increase in wages. PED of labour is?
inelastic
unitary
perfectly elastic
elastic
12
Which one of these is not a disadvantage to the NMW?
increases spending
might cause inflation
might cause unemployment
might make firms uncompetitive
13
Which one of these is not a reason for occupational immobility?
Deindustrialisation
Insufficient education
Expensive Housing
Insufficient skills
14
Which one of these does not cause this?
decrease in demand for product
decrease in cost of machinery
increase in productivity
technology is found to be good