Change in the wage rate will not shift the labor supply curve to the left.
Change in attitude towards work and leisure can shift the supply curve for labor. The more work a person does, the greater his or her income, but smaller the amount of leisure time available.
If they decide to value leisure more then they will work for few hours at each wage, and the supply curve for labor will shift to left. If they decide they want more goods and services then the supply curve will shift to the right.
To know more about Labor supply curve click here:
brainly.com/question/14115009
#SPJ4
Answer:
If supply of a product increases, its price decreases while if demand of the product increases, its price increases.
Explanation:
Input prices of products, subsidies and government taxes are the factors that cause shifts in supply and demand. If the input prices are high so the price of products becomes high which decreases its demand and if their prices are low, the demand increases. If high taxes are imposed on commodities so its price increases and demand decreases while subsidies on different products increases the demand due to low price of the product.
Explanation:
there are a number of core ethical principles that are the subject of widespread consensus: principles relating to honesty, the keeping of promises, the avoidance of harm, the provision of aid to those in need, respect for human rights and dignity, and ideas about fairness and equality.
Answer:
Human trafficking involves the use of force, fraud, or coercion to obtain some type of labor or commercial sex act. Every year, millions of men, women, and children are trafficked worldwide – including right here in the United States.
Explanation:
HOPE THAT THIS IS HELPFUL.
HAVE AN AWESOME DAY.
