Question : The supply of labour in the market depends on ________.
Option 1: the proportion of the population in the labour force
Option 2: the number of person-hours put in by each person
Option 3: the size of population
Option 4: All of the above
Correct Answer: All of the above
Solution : The correct answer is All of the above .
Labour supply in an economy is influenced by both economic and non-economic variables . It is determined by the population size, the number of employees available for work within a particular population, the number of hours worked, the intensity of labour, the workers' abilities, their desire to work and labour mobility.
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