Answer to Question #129541 in Microeconomics for mathakha

Question

Which of the following will NOT shift the market supply of labour?
(1) A change in the size of the population due to a change in birth or death rates.
(2) A change in the labour force participation rate of women.
(3) An increase in the wages that can be earned in another occupation.
(4) A change in the wages of workers.

Answer 1

4 – A change in the wages of workers will not shift the market supply of labor. It will only lead to a movement along the supply curve without shifting it.