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10 cards from this deck
Total labour workers supply at different wage rates
Upward sloping - positive relationship with wage rates
Money wage rate
Job satisfaction, working conditions, job security
Choice between supplying labour (income) vs leisure time
The leisure time that must be given up
Higher income increases leisure demand, supply shifts left
% change in labour supplied / % change in wage rate
Unskilled labour supply is more elastic than skilled
Supply is more elastic in the long run
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