2 years ago

Which of the following would shift a market labor supply curve to the left?

Business

1 answer:

Black_prince [1.1K]2 years ago

4 0

Answer: Option (D) is correct.

Explanation:

Correct option: Better employment opportunities in a closely-related job.

There is a shift in the market supply curve if there is any changes in the employment opportunities in a closely related to the job. Suppose there are more employment opportunities in a closely related field in the economy as a result market labor supply curve shifts leftward.

Alternatively, if there is a contraction of employment opportunities then this will results in a rightward shift of the market labor supply curve.

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